(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected AIR FRANCE-KLM for active investors.

KEY GRAPHIC ELEMENTS

The title is evolving in a heavy, underlying downward trend, which does not prevent, quite the contrary, the formation of technical rebounds, called contestation. While we witnessed a first gap of exhaustion on Friday, and the prices are regaining support on the lower limit of the Bollinger bands, this is the type of scenario that is emerging in the very short term, for an operation that will be reserved for the most active / mobile investors.

and Bollinger Bands

FORECAST

Considering the key graphical factors we have mentioned, our view is bullish on AIR FRANCE-KLM stock in the short term.

Active investors will take a long position on the AIR FRANCE-KLM share at €8,268 with a target of €9,000 in sight. They will protect their capital by placing a stop at €7,790.

The News Bulletin 247 council

AIR FRANCE-KLM
Positive 8.268 €
Objective :
9,000 €
Potential :
+8.85%
Stop:
7.790 €
Resistance(s):
9,000 / 9,580 / 10,000
Support(s):
8,000

DAILY DATA CHART