(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected LISI for active investors.
KEY GRAPHIC ELEMENTS
The title of this fastener expert, mainly intended for the aeronautical and automobile industry, has been in a strong and persistent downward trend since the formation of the marubozu on September 12. At this stage of the releases however, given the relative positioning of prices in relation to the Bollinger bands (20;2,5), and the dynamics of the relative strength oscillatory, the formation of a protest reaction, short in duration, but ample in absolute value, is envisaged.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on LISI stock in the short term.
Active investors will take a purchase position on the LISI stock at a price of €21,250 with a target of €24,400 in their sights. They will protect their capital by placing a stop at €19,950.
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.
