(News Bulletin 247) – A clearly asserted upward dynamic on the ACANTHE DEV share. will invite active investors to take a buying position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The stock of the real estate holding company, which owns and manages office properties, mainly in Paris, has been in a firm upward trend since last September and is in a phase of momentum. The 50-day moving average (in orange) provides a dynamic basis of chart support, which can be used as a tool for position tracking. A rebound off the lower bound of the Bollinger bands is underway.
FORECAST
Considering the key graphical factors we have mentioned, our opinion is bullish on ACANTHE DEV stock. short term.
Active investors will take a purchase position on the ACANTHE DEV stock. at €0,410 with a target of €0,500 in sight. They will protect their capital by placing a stop at €0.375.
News Bulletin 247 advice
DAILY DATA CHART
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