(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected CAPGEMINI for active investors.
KEY GRAPHIC ELEMENTS
Since the formation, then the validation, of a bearish chartist figure in the spring, the trend has been bearish on the action of the consulting company. Clearances which have accelerated since the combination of a gap and a marubozu on October 30. But since then, a very clear divergence has emerged between the dynamics of prices and that of the relative strength index.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on CAPGEMINI stock in the short term.
Active investors will take a purchase position on the CAPGEMINI share at a price of €153,300 with a target of €175,550 in their sights. They will protect their capital by placing a stop at €149,190.
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.
