(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected EXPLOSIFS PROD.CHI for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis in daily data of the EXPLOSIFS PROD.CHI action allows to identify an upward trend in the short term as well as in the medium term. The solid trend of the title is materialized by the presence of an oblique support line (in black) and by the chronic capacity of the 20-day moving average (in dark blue) to regain support on its 50-day counterpart (in orange), an underlying trend line which has not been sustainably bearish since November 2023.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on EXPLOSIFS PROD.CHI stock in the short term.
Active investors will take a long position on the EXPLOSIFS PROD.CHI stock at €155,000 with a target of €190,000 in sight. They will protect their capital by placing a stop at €135,500.
The News Bulletin 247 council
DAILY DATA CHART
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