(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts have selected BUREAU VERITAS for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the BUREAU VERITAS share makes it possible to identify an upward trend in the short term as well as in the medium term. At momentum of this summer followed, this fall, a phase of consolidation in several episodes, which reached its lowest point on November 20. A very encouraging signal is about to be given: the imminent crossing of the 20-day moving average (in dark blue) with the 50-day moving average (in orange).
FORECAST
Considering the key chart factors we mentioned, our view is bullish on BUREAU VERITAS stock in the short term.
Active investors will take a purchase position on the BUREAU VERITAS stock at a price of €30,060 with a target of €34,990 in their sights. They will protect their capital by placing a stop at €28,890.
News Bulletin 247 advice
DAILY DATA CHART
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