(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected GTT for active investors.
KEY GRAPHIC ELEMENTS
Daily graphical analysis of GTT stock allows us to identify a short-term upward trend. The medium-term polarity reversal is underway. Among the dominant chart factors, we noted the presence of an upward channel on GTT share prices. We have represented in black this ascending corridor which guides the courses. Note that the relative strength index (RSI) evolves in total convergence with prices.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on GTT stock in the near term.
Active investors will take a purchase position on the GTT stock at a price of €138,400 with a target of €160,000 in their sights. They will protect their capital by placing a stop at €131,100.
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.
