(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected GECINA for active investors.
KEY GRAPHIC ELEMENTS
The daily graphical analysis of GECINA shares allows us to identify a short-term upward trend since July 1st and a medium-term upward trend since August 5th, and a resumption of support on the long moving average. Among the dominant graphical factors, we have noted the presence of a bullish channel on GECINA share prices. We have represented this bullish corridor in black, which makes sense from a technical point of view. In terms of trend indicators, the 20-day moving average (in dark blue) acts as support for prices. Trading volume is increasing, a technical indicator that supports our anticipation.
FORECAST
Considering the key graphic factors that we have mentioned, our opinion is bullish on GECINA stock in the short term.
Active investors will take a long position on the GECINA share at €99.7500 with a target of €110,000 in sight. They will protect their capital by placing a stop at €95,900.
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.
