(News Bulletin 247) – Our analysts have spotted an excellent graphic configuration on the METROPOLE TV share, which the most active investors will be able to work on, at current price levels.
KEY GRAPHIC ELEMENTS
After a running out of steam gap formed on October 30, on the basis of a much older gap (July 1), the title of the “little rising channel” carried out a purge movement before recovering on a combination of pleasant candles (December 2, 3 and 4). Since then, the stock has regained its 20-day moving average (in dark blue) and is relying on it to amplify its height gain, while the aforementioned gap is emerging, whose attraction effect is only growing.
FORECAST
Considering the key chart factors we mentioned, our view is bullish on METROPOLE TV stock in the short term.
Active investors will take a purchase position on the METROPOLE TV share at a price of €11,760 with a target of €13,360 in their sights. They will protect their capital by placing a stop at €11,090.
News Bulletin 247 advice
DAILY DATA CHART
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