(News Bulletin 247) – A clearly affirmed upward dynamic on the ALTAREA share will invite active investors to position themselves for purchase, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis in daily data of the ALTAREA action allows to identify an upward trend in the short term as well as in the medium term, and this without any divergence between price dynamics and relative strength oscillatory. The sessions marked graphically by marubozus candles are multiplying, in increases in transaction volumes (02/05, 03/05, 03/07, 22/07, 05/09).
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on ALTAREA stock in the short term.
Active investors will take a long position on the ALTAREA share price at €110,000 with a target of €140,000 in sight. They will protect their capital by placing a stop at €99,800.
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.
