(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected Sword Group for active investors.
NB: Investors who have followed our recommendation dated 02/06 on this same file may keep the position, taking care to adjust the stop and the objective with the elements presented below.
Key graphics elements
The graphic analysis in daily data of the Sword Group action makes it possible to identify a short -term upward trend. The medium -term inversion is underway, supported by the formation of a school candle in inverted hammer on April 07, part of which was formed outside the Bollinger strips. In terms of trendy indicators, the 20 -day mobile average ‘in dark blue) acts as a support for the courses, from the slim Haussier of April 14. The position can be held as long as the courses close above this trend curve.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Sword Group in the short term.
Active investors will take a position on the purchase on the title Sword Group during € 36,400 with a target at € 43,150 online in sight. They will protect their capital by placing a stop at € 33,450.
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.
