(News Bulletin 247) – A clearly asserted bullish dynamic on the AIRBUS GROUP share 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 AIRBUS GROUP share 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 the AIRBUS GROUP share price. Corridor whose lower limit is constituted by the 50-day moving average (in orange), which acts as support for prices. The trading volume is increasing, a technical data favorable to our anticipation. The technical reading in Japanese candlesticks allows you to identify a configuration in marubozu white (or long blank) dating from the session of 02/28/2024.
FORECAST
Considering the key chart factors we mentioned, our view is bullish on AIRBUS GROUP stock in the short term.
Active investors will take a purchase position on the AIRBUS GROUP share at a price of €165.24 with a target of €190,000 in their sights. They will protect their capital by placing a stop at €154,900.
News Bulletin 247 advice
DAILY DATA CHART
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