(BFM Stock Exchange) – Based on a graphic argument, News Bulletin 247 analysts have selected ELIS for active investors.
Key graphics elements
The title of the launder has shown an even more impressive resilience than the rest of the market in the face of the declaration of trade war by D Trump, by nature of its activity. The action very quickly reinstated the higher part of its mobile average at 50 days (in orange). Note that unlike the CAC 40, its 20 -day mobile average (in dark blue) has not passed under this background trend since January 28.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the ELIS action in the short term.
Active investors will take a position on purchase on the ELIS title during € 22,880 with a target at € 28,000 in line. They will protect their capital by placing a stop at € 20,890.
The News Bulletin 247 Council
Daily data graphics
I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.
