(BFM Stock Exchange) – Based on a graphic argument, News Bulletin 247 analysts have selected X -FAB for active investors.
Nb: Operators who followed our recommendation on this same file can keep or even strengthen their position, taking care to adjust the stop and the course objective.
Key graphics elements
The graphic analysis in daily data of the X-FAB action makes it possible to identify a short-term upward trend since the reversal figure of April 4, 7 and 8, on a peak of volumes. Among the dominant graphic factors, we noted the presence of a Haussier gap on the prices of the X-FAB action. Trained on April 10, this rating ditch marked a runaway from the buyer camp. The Gap of April 24, and to a lesser extent that of June 24, are all additional indications of movement prosecution, above the mobile average at 20 days (in dark blue), a key trend which acts as a support for the courses.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the X-FAB action in the short term.
Active investors will take a position for purchase on the X-FAB title during € 6,530 with a target at € 8,995 in sight. They will protect their capital by placing a stop at € 5,640.
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.
