(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected ORANGE for active investors.
KEY GRAPHIC ELEMENTS
The daily graphical analysis of the ORANGE share allows us to identify a short-term upward trend. In the medium term, no trend is identifiable, the share evolves in a very wide range, not without volatility. In terms of trend indicators, the 20-day moving average (in dark blue) acts as support for prices. This trend line is about to cut upwards its 50-day counterpart (in orange).
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on ORANGE stock in the short term.
Active investors will take a long position on the ORANGE share at €10.3050 with a target of €11,290 in sight. They will protect their capital by placing a stop at €9,990.
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.
