(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected ALPES (COMPAGNIE) for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the ALPES (COMPAGNIE) stock makes it possible to identify a short-term upward trend. The bias is being reversed in the medium term. The trading volume is increasing, a technical data favorable to our anticipation. The gap of April 24 was followed by a bullish extension in a strong level of participation, before engaging in a classic consolidation pattern.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on ALPES (COMPAGNIE) stock in the short term.
Active investors will take a purchase position on the ALPES (COMPAGNIE) stock at a price of €14,120 with a target of €17,000 in their sights. They will protect their capital by placing a stop at €12,950.
News Bulletin 247 advice
DAILY DATA CHART
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