(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected VEOLIA ENVIRON. for active investors.

KEY GRAPHIC ELEMENTS

On May 14 and 15, the action shattered an important technical level, between 29 and 29.30 euros, in strong and increasing volumes. A new phase has opened, with an almost horizontal consolidation at the high end of the remarkable May 15 candle. This form of consolidation is typical of a runaway feeling from an impatient buying camp.

FORECAST

Considering the key graphical factors we have mentioned, our opinion is bullish on VEOLIA ENVIRON stock. short term.

Active investors will take a purchase position on VEOLIA ENVIRON shares. at €31,390 with a target of €34,990 in sight. They will protect their capital by placing a stop at €29,740.

News Bulletin 247 advice

VEOLIA ENVIRONMENT.
Positive €31,390
Objective :
€34,990
Potential :
+11.47%
Stop:
€29,740
Resistance(s):
35,000
Support(s):
30,450 / 29,250 / 27,760

DAILY DATA CHART