(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected JACQUET METALS for active investors.
KEY GRAPHIC ELEMENTS
Since the May 16 drop, on school marubozu, and in heavy trading volumes, the flat bias has turned into a bearish trend. The break of a graphic threshold around 17.20 euros will have completed this new working matrix. In the very short term, the RSI (relative strength index) returns to its main navigation zone, suggesting the formation of a technical type of buying reaction of protest.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on JACQUET METALS stock in the short term.
Active investors will take a long position on the JACQUET METALS share at €15,000 with a target of €17,200 in sight. They will protect their capital by placing a stop at €14,190.
The News Bulletin 247 council
DAILY DATA CHART
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
