(News Bulletin 247) – Our analysts have spotted an excellent graphic configuration on the ALPES (COMPAGNIE) share, which the most active investors will be able to work on, at current price levels.
NB: Investors who have followed our recommendation dated May 6 on this same value will be able to maintain the position by taking care to adjust the stop and the price target.
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. Another gap, this one more common, formed on May 24 before the construction of a long white candle, further confirmed the momentum situation.
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 €15.78 with a target of €19,000 in their sights. They will protect their capital by placing a stop at €14,650.
News Bulletin 247 advice
DAILY DATA CHART
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