(BFM Stock Exchange) – Based on a graphic argument, News Bulletin 247 analysts have selected Elec.Strasbourg for active investors.
Key graphics elements
The action of the producer and distributor of electricity in the Bas-Rhin, now attached to EDF has been in the middle of the background trend for two years. In the immediate future, graphically, the file completes a consolidation phase in an elongated triangle, one of which is out of the top is envisaged. This end of consolidation coincides opportunely with a contact with a key trend curve, the mobile average at 20 days (in dark blue).
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Elec.Strasbourg action in the short term.
Active investors will take a position on the purchase on the title Elec.strasbourg during € 126,500 with a target at 150,000 € online in sight. They will protect their capital by placing a stop at € 118,500.
The News Bulletin 247 Council
Daily data graphics
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.