(News Bulletin 247) – The group is progressing while the barrel of oil is still under pressure. In addition, the company offers a dividend yield of more than 8% making the stock attractive to investors.
KEY GRAPHIC ELEMENTS
The stock is trending upwards, buying volumes are present while the 20-period daily moving average frames the stock’s rise in the very short term and constitutes the ideal short-term buying point.
FORECAST
Considering the key chart factors we mentioned, our view is bullish on RUBIS stock in the short term.
Active investors will take a purchase position on RUBIS shares at a price of €23,580 with a target of €24,850 in their sights. They will protect their capital by placing a stop at €22,760.
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.
