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

Nb: Investors who have followed our advice dated 04/29 on this same value can keep the position, taking care to update the stop and the objective.

Key graphics elements

The graphic analysis in daily data of the ENGIE action makes it possible to identify a short -term upward and medium term trend. In terms of trend indicators, the 50 -day mobile average serves as a support for courses. The title has just entered a new higher annual demonstrating resilience and the strength of the title in this context. The zone between 17.60 and 17.42 euros is a support area to accumulate in the direction of the trend.

FORECAST

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

Active investors will take a position on purchase on the ENGIE title during € 18,835 with a target at € 21,950 online. They will protect their capital by placing a stop at € 17,770.

The News Bulletin 247 Council

Snag
Positive € 18,835
Objective :
21,950 €
Potential :
+16.54 %
Stop:
17,770 €
Resistance (s):
20,000 / 22,000
Support (s):
17,420 / 16.115 / 15.420

Daily data graphics