Sanofi: Raising the stop loss and the course objective

(BFM Stock Exchange) – Based on a graphic argument, News Bulletin 247 analysts have selected Sanofi for active investors.

Key graphics elements

After a shortness of breath on November 15, the title passed the first half of the month of December suffering, breaking a fragile grade-fou at 90.50 euros, before resuming a Haussier direction, initiated in terms of candles by A school encompassing on December 17, according to the consecrated nomenclature. This remarkable candle, covers by his body, fully the red and thin body of the previous candle. Since then, the ascent has been confirmed by the crossing of two mobile averages, at 20 days (in dark blue) and 50 days (in orange). We will also note the power of volumes on the formation of the candle as an upholstery mentioned.

FORECAST

In view of the key graphic factors that we have mentioned, our opinion is bullish on the short -term Sanofi action.

Active investors will take a position on purchase on the Sanofi title during € 103.8 with a target at € 120,000 in sight. They will protect their capital by placing a stop at € 97,900.

Daily data graphics