KEY GRAPHIC ELEMENTS
The group would manage to stabilize its sales for the next few years according to projections. The metrics should improve significantly. Investors anticipate a return to normal. The stock has been driven by more buyer volumes than sellers for several sessions, suggesting accumulation. Crossing the 20-period moving average upwards would deliver significant upside potential towards €300. The invalidation is short, below recent lows.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on KERING stock in the short term.
Active investors will take a long position on the KERING share at €260,000 with a target of €300,000 in sight. They will protect their capital by placing a stop at €245,600.
The News Bulletin 247 council
DAILY DATA CHART
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