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The title Danone benefits from the support provided by the solid publication of Emmi, a Swiss dairy group. In parallel, a study by Cornell University, relayed by AlphaValue, stresses that American consumers with weight loss treatments generally decrease their food volumes, but primarily abandoning snacking and sweets for yogurt, which promotes the category. This catalyst invites us to return to the file.
Key graphics elements
Technically, the title has just formed an almost perfect Marubozu Haussier, accompanied by supported buyers and an RSI entering the Surachat zone, a sign of a powerful momentum likely to last. The operator can thus be part of this dynamic to target new heights.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Danone action in the short term.
Active investors will take a position on purchase on the Danone title during € 74,520 with a target at € 80,000 in sight. They will protect their capital by placing a stop at € 71,460.
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.
