(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected SAINT GOBAIN for active investors.
KEY GRAPHIC ELEMENTS
The graphic level of 80 euros is essential in the recent history of the action. Tested many times, it ended up giving way in the middle of September, in technical conditions which fully validated this crossing: thick and increasing volumes, bullish extension, remarkable candles. Since then, the title has come two pullback on the level, in the lower part of a Chartist figure comparable to a bevel.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on SAINT GOBAIN stock in the short term.
Active investors will take a purchase position on SAINT GOBAIN shares at a price of €82,020 with a target of €99,950 in their sights. They will protect their capital by placing a stop at €75,900.
News Bulletin 247 advice
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.
