(News Bulletin 247) – A clearly asserted upward dynamic on the KAUFMAN ET BROAD share will invite active investors to take a purchasing position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the KAUFMAN ET BROAD share makes it possible to identify an upward trend in the short term as well as in the medium term. Among the dominant graphical factors, we noted the presence of an upward channel on the KAUFMAN ET BROAD share prices. This is a thin, steeply sloping channel, plotted in black on the chart below. In terms of trading volumes, the signals are interesting, with volumes not running out of steam at this stage of the rise.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on KAUFMAN ET BROAD stock in the short term.
Active investors will take a purchase position on the KAUFMAN ET BROAD stock at a price of €28,350 with a target of €33,000 in their sights. They will protect their capital by placing a stop at €26,400.
News Bulletin 247 advice
DAILY DATA CHART
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
