(News Bulletin 247) – A clearly asserted upward dynamic on the TECHNIP ENERGIES share will invite active investors to take a purchasing position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the TECHNIP ENERGIES share makes it possible to identify an upward trend in the short term as well as in the medium term. The buying movement was “relaunched” on exit from consolidation at the turn of October, on candles remarkable for the magnitude of their bodies, and in powerful trading volumes. In terms of trend indicators, the 50-day moving average (in orange) acts as support for prices.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on TECHNIP ENERGIES stock in the short term.
Active investors will take a purchase position on the TECHNIP ENERGIES stock at a price of €26,440 with a target of €32,990 in their sights. They will protect their capital by placing a stop at €23,990.
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.
