(News Bulletin 247) – A clearly affirmed upward dynamic on the TOTAL GABON share will invite active investors to position themselves for purchase, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis in daily data of the TOTAL GABON share allows to identify an upward trend in the short term as well as in the medium term. The title has not suffered in any way from the air pocket linked to the French political uncertainty. In terms of trend indicators, the 50-day moving average (in orange) acts as support for the prices, with the exception of a “false exit” in the second part of June. The technical reading in Japanese candlesticks allows to identify a white marubozu configuration dating from the session of 06/26/2024. This Japanese candlestick illustrates a massive and continuous mobilization of the buying camp on a key session.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on TOTAL GABON stock in the short term.
Active investors will take a long position on the TOTAL GABON share at €159,500 with a target of €185,000 in sight. They will protect their capital by placing a stop at €147,000.
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.
