(News Bulletin 247) – A clearly asserted upward dynamic on AMUNDI shares will invite active investors to take a buying position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the AMUNDI share makes it possible to identify an upward trend in the short term as well as in the medium term. If a technical zone close to 68.50 euros were to give way quickly, in conditions of satisfactory volumes and volatility, additional buying energy would be released for the coming weeks. Note the growth of the relative strength oscillatory indicator, at the heart of its main navigation zone.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on AMUNDI stock in the short term.
Active investors will take a purchase position on AMUNDI shares at a price of €68,400 with a target of €80,000 in their sights. They will protect their capital by placing a stop at €63,900.
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.
