(News Bulletin 247) – A clearly stated bullish dynamic on BOLLORE shares 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 BOLLORE stock makes it possible to identify an upward trend in the short term as well as in the medium term. The title regularly and easily reaches new high points. In terms of trend indicators, the 100-day moving average (in orange) acts as support for prices. The trading volume is increasing, a technical data favorable to our anticipation. No movement of slowing down of the trend is to be noted in the sense of our battery of oscillatory mathematical indicators.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on BOLLORE stock in the short term.
Active investors will take a purchase position on the BOLLORE stock at a price of €5,980 with a target of €6,990 in their sights. They will protect their capital by placing a stop at €5,590.
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.
