(BFM Stock Exchange) – Our analysts have identified an excellent graphic configuration on virid action (ex CGG), that the most active investors will be able to work, on current levels.
Key graphics elements
The title of the Parapetrolle company (ex-CGG) is on the way to get rid of the grip of the mobile average at 50 days (in orange), even though the Bollinger bands (20; 2.5) are tightened, and the 20-day mobile average (in dark blue) accelerates its upward dynamics. The relative force index (RSI, or relative Strenght Index), also sends positive signals.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Virid Action (ex CGG) in the short term.
Active investors will take a position on purchase on the Virid title (ex CGG) during € 57.40 with a target at € 72,500 in line. They will protect their capital by placing a stop at € 51.90.
The News Bulletin 247 Council
Daily data graphics
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