(BFM Stock Exchange) – A clearly assertive bullish dynamic on AXA 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 04/03 will be able to keep the position by adjusting the stop and the objective.
Key graphics elements
The graphic analysis in daily AXA action data 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 AXA action courses. We have represented this technical corridor in black. The exchange volume is increasing, a technical data favorable to our anticipation. Of 06 January on January 08, the action has drawn a combination of candles into “three soldiers who advance”.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the AXA action in the short term.
Active investors will take a position on purchase on the AXA title during 40,140 € with a target at 45,000 € online in sight. They will protect their capital by placing a stop at € 38,340.
The News Bulletin 247 Council
Daily data graphics
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