(News Bulletin 247) – Our analysts have identified an excellent graphic configuration on the KAUFMAN ET BROAD share, which the most active investors will be able to work on, at current price levels.
KEY GRAPHIC ELEMENTS
The real estate developer’s stock is evolving within an underlying bullish trend since the RSI has been stable since the September 2022 inflection. In the short term, the signals remain engaging, particularly with regard to the ability to register new high points without the RSI oscillatory (relative strength indicator) faltering. The latter remains horizontal, in its main navigation zone.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on KAUFMAN AND BROAD stock in the short term.
Active investors will take a long position on the KAUFMAN ET BROAD stock at €32,550 with a target of €37,950 in sight. They will protect their capital by placing a stop at €29,950.
The News Bulletin 247 council
DAILY DATA CHART
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