(BFM Stock Exchange) – Based on a graphic argument, BFM Stock Exchange analysts have selected Exel Industries for active investors.
Key graphics elements
As a heavy downstream trend, the title of the specialist in spraying systems for agriculture and industry is no less candidate for a contestation reaction, of the technical type, while the relative force index (RSI, for Relative Strenght Index) Stop an interesting dynamic, at the beginning of convergence with the courses. A rapid surpassing of the mobile average at 20 days (in dark blue) would bring credit to this short term scenario.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the EXEL INDUSTRIES in the short term.
Active investors will take a position on the purchase on the EXEL INDUSTRIES title during € 35.00 with a target at € 40,200 online in sight. They will protect their capital by placing a stop at € 32,900.
The News Bulletin 247 Council
Daily data graphics
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