(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.
Nb: Investors who have followed our recommendation dated April 23 on this same file, can keep the position by taking care to adjust the stop and the objective.
Key graphics elements
The action of the stock market operator is in the middle of the background trend. Paying the luxury of leaving, from the top, a bullish corridor with a respectable slope, the title easily creates new highest. Among the dominant graphic factors, we noted the presence of a Haussier gap on the EURONEXT action courses. Trained on April 10, this rating ditch marked a runaway from the buyer camp. Another gap, more common this one, dating from April 30, is nonetheless an index of continuation of movement. In terms of trend indicators, the 20 -day mobile average (in dark blue) 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 Euronext action in the short term.
Active investors will take a position on purchase on the Euronext title during € 147,900 with a target at € 180,000 in sight. They will protect their capital by placing a stop at € 139,900.
The News Bulletin 247 Council
Daily data graphics
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