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

Key graphics elements

The graphic analysis in daily GTT action makes it possible to identify a short -term upward trend as in the medium term, the fruit of a firm buyer consensus. 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. He remained regular throughout the last up to date, since April 07. The position may be held as long as the courses revolve between the aforementioned short mobile average and the high bollinger strips (20; 2.5).

FORECAST

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

Active investors will take a position on purchase on the GTT title during € 167.2 with a target at € 199,500 on line of sight. They will protect their capital by placing a stop at € 155,400.

The News Bulletin 247 Council

Gtt
Positive 167,200 €
Objective :
199,500 €
Potential :
+19.32 %
Stop:
155,400 €
Resistance (s):
175,000 / 200,000
Support (s):
160,000 / 151.100 / 140,000

Daily data graphics