(News Bulletin 247) – A clearly asserted upward dynamic on the EXPLOSIFS PROD.CHI share will invite active investors to position themselves for purchase, as part of a swing trading.
NB: Operators who have followed our recommendation dated 06/12 will be able to maintain the position by taking care to adjust the stop and the price target.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the EXPLOSIFS PROD.CHI share makes it possible to identify an upward trend in the short term as well as in the medium term. The solid trend of the stock is materialized by the presence of an oblique line of support (in black) and by the chronic capacity of the 20-day moving average (in dark blue) to regain support on its 50-day counterpart (in orange). ), underlying trend curve which has no longer been sustainably bearish since November 2023.
FORECAST
Considering the key chart factors we mentioned, our view is bullish on EXPLOSIFS PROD.CHI stock in the short term.
Active investors will take a purchase position on the EXPLOSIFS PROD.CHI stock at a price of €189 with a target of €240,000 in their sights. They will protect their capital by placing a stop at €174,900.
News Bulletin 247 advice
DAILY DATA CHART
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