(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected ASSYSTEM for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the ASSYSTEM share makes it possible to identify an upward trend in the short term as well as in the medium term, after the gradual inflection above a technical floor at 37.50 euros this fall. Among the dominant chart factors, we noted the presence of a bullish gap on the ASSYSTEM share prices. This quotation gap marked a surge in the buying camp when it crossed a major symbolic threshold, namely 50 euros. The trading volume has been increasing for a week, a technical data favorable to our anticipation.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on ASSYSTEM stock in the near term.
Active investors will take a purchase position on the ASSYSTEM stock at a price of €52,200 with a target of €60,000 in their sights. They will protect their capital by placing a stop at €48,700.
News Bulletin 247 advice
DAILY DATA CHART
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