(News Bulletin 247) – A clearly affirmed upward dynamic on the NRJ GROUP share will invite active investors to position themselves for purchase, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The daily graphical analysis of the NRJ GROUP share price allows us to identify an upward trend in the short and medium term. The 20-day moving average (in dark blue) is in the process of regaining support on its 50-day counterpart (in orange), which makes the stock an exception on the market. Among the dominant graphical factors, we have noted the presence of a bullish channel on the NRJ GROUP share price. We have represented this corridor in black on the chart below.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on NRJ GROUP stock in the short term.
Active investors will take a long position on the NRJ GROUP share price at €7,820 with a target of €8,990 in sight. They will protect their capital by placing a stop at €7,410.
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.
