(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected NRJ GROUP for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the NRJ GROUP stock makes it possible to identify an upward trend in the short term as well as in the medium term. In terms of trend indicators, the 20-day moving average (dark blue) acts as support for prices. Its crossing on November 2 on a remarkable candle was made on gains during the session itself and in a very interesting level of participation. The trading volume is increasing, a technical data favorable to our anticipation.
FORECAST
Considering the key chart factors we mentioned, our view is bullish on NRJ GROUP stock in the short term.
Active investors will take a purchase position on the NRJ GROUP stock at a price of €7,760 with a target of €8,990 in their sights. They will protect their capital by placing a stop at €7,380.
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.
