(News Bulletin 247) – A clearly asserted upward dynamic on THERMADOR GROUPE shares will invite active investors to take a purchasing position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The action of the specialist in the circulation of fluids in the building is in a long-term bullish phase, since the inflection of October 17, 2023. The stock is progressing, without marked correlation with the rest of the market, and without any divergence between price and volumes, or between prices and RSI (relative strength index, or relative strength index). The remarkable 20 and 50 day moving averages, very close, play a role of graphic support.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on THERMADOR GROUPE stock in the short term.
Active investors will take a purchase position on THERMADOR GROUPE stock at a price of €87,300 with a target of €100,000 in their sights. They will protect their capital by placing a stop at €82,700.
News Bulletin 247 advice
DAILY DATA CHART
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