(BFM Stock Exchange) – A clearly assertive bullish dynamic on Manitou BF action will invite active investors to position themselves in purchase, as part of a swing trading operation.
NB: Investors who have followed our recommendation on this same file dated 20/01 will be able to keep the position by taking care to adjust stop and objective.
Key graphics elements
The reversal of the beginning of December, validated by transactions volumes, was followed by a reconquest of the mobile average at 20 days (in dark blue), a trend curve which has just met his sister at 50 days (in Orange), background curve in full bullish inflection. White “marubozu” candles, characterized by an elongated green body without wick, high or low, multiply on the recent history.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Manitou BF action in the short term.
Active investors will take a position on purchase on the title Manitou BF during € 22,100 with a target at € 27,490 on line of sight. They will protect their capital by placing a stop at € 20,550.
The News Bulletin 247 Council
Daily data graphics
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