(BFM Stock Exchange) – A clearly assertive bullish dynamic on Euronext action will invite active investors to position themselves for purchase, as part of a swing trading operation. The operators who followed our recommendation on this same value dated 20/02 will be able to keep the position, taking care to adjust the stop and the objective.
Key graphics elements
The graphic analysis in daily data of the Euronext action makes it possible to identify a short -term upward and medium term trend. Among the dominant graphic factors, we noted the presence of a bullish channel on the EURONEXT action courses. The title has just extricated from this channel, in acceleration exchange volumes, proof of the exceptional strength of the configuration. A sweater on the high terminal of this channel, associated with a substantial progression of volumes supports the analysis of this market psychology.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Euronext action in the short term.
Active investors will take a position on purchase on the Euronext title in € 125 with a target at 150,000 € online in sight. They will protect their capital by placing a stop at € 114,400.
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.