(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected ABC ARBITRAGE for active investors.
KEY GRAPHIC ELEMENTS
The daily data graphic analysis of the ABC ARBITRAGE share allows us to identify an upward trend in the short and medium term. The 20-day moving average (in dark blue) is about to regain its 50-day counterpart (in orange), which makes it an exception on the Parisian stock market. At this stage, no divergence movement between the relative strength oscillator and price dynamics is to be noted.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on ABC ARBITRAGE stock in the short term.
Active investors will take a long position on the ABC ARBITRAGE stock at €4,135 with a target of €4,990 in sight. They will protect their capital by placing a stop at €3,925.
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.
