(BFM Stock Exchange) – Based on a graphic argument, News Bulletin 247 analysts have selected Loreal for active investors.
Key graphics elements
As a background trend since the beginning of the year, the action of the cosmetics giant has just drawn a remarkable, highly predictive candle combination, in the wake of the publication of its quarterly copy. It is a structure known as an upward encompassing, namely that the body of the candle of July 30, ample, fully covers that, thin, of the candle of the previous session.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the short -term Loreal action.
Active investors will take a position on purchase on the Loreal title during € 396,500 with a target at € 499,000 in line. They will protect their capital by placing a stop at € 362,850.
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.
