(BFM Stock Exchange) – A clearly assertive bullish dynamic on the explosive action Prod.chi will invite active investors to position themselves in purchase, as part of a swing trading operation.

Key graphics elements

The graphic analysis in daily data of the explosive action prod .CHI makes it possible to identify a upward tendency in the medium term, the prices growing above an oblique right of support, modulo the accumulation figure for this April. In terms of trend indicators, the mobile average at 100 days (in orange) acts as a support for courses. The exchange volume is increasing, technical data favorable to our anticipation.

FORECAST

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

Active investors will take a position on the purchase on the explosive title Prod.CHi in € 206,000 with a target at € 249,000 in sight. They will protect their capital by placing a stop at € 189,000.

The News Bulletin 247 Council

Explosives prod.chi
Positive 206,000 €
Objective :
€ 249,000
Potential :
+20.87 %
Stop:
€ 189,000
Resistance (s):
220,000 / 250,000
Support (s):
180,000 / 171,500

Daily data graphics