Metropolis TV: new increase in the course objective and the protection stop

(BFM Stock Exchange) – A clearly assertive bullish dynamic on Metropolis TV action will invite active investors to position themselves for purchase, as part of a swing trading operation.

Nb: Investors who followed our recommendation on this same file dated 24/01 will be able to keep the position, taking care to adjust the stop and the objective.

Key graphics elements

Here are the technical elements that we put forward on the occasion of our latest analysis on the title:

“With a short outlet gap formed on October 30, on the basics of a much older gap (July 1), the title of the” small chain that goes up “has made a bleeding movement before recovering on a combination of pleasant candles (02, 03 and 04 December). Since then, the action has reconquered its mobile average at 20 days (in dark blue) and is support Gap aforementioned, whose attraction effect is only believed. “

This gap was erased, on an acceleration of courses followed by an extension. After a short consolidation by pennant, the action is already ready.

The volumes are lively, in perfect convergence with the dynamics of the courses.

FORECAST

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

Active investors will take a position on purchase on the Metropolis TV title in € 13,960 with a target at 17,000 € online in sight. They will protect their capital by placing a stop at € 12,990.

Daily data graphics