(News Bulletin 247) – A clearly stated bullish dynamic on TRIGANO shares will invite active investors to take a purchasing position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
Graphical analysis of TRIGANO shares in daily data 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 TRIGANO share prices. This ascending corridor precisely frames the courses, technically supporting their progress. In terms of trend indicators, the 50-day moving average (in orange) acts as support for prices. The trading volume is increasing, a technical data favorable to our anticipation.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on TRIGANO stock in the near term.
Active investors will take a purchase position on the TRIGANO share at a price of €150,500 with a target of €170,000 in their sights. They will protect their capital by placing a stop at €139,900.
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.
