(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

ORANGE
Positive 10.305 €
Objective :
11.290 €
Potential :
+9.56%
Stop:
9.990 €
Resistance(s):
10,670 / 10,880 / 11,300
Support(s):
9.970 / 9.580

DAILY DATA CHART