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The title presents an attractive valuation and could benefit from the rebound in oil prices, while American stocks were clearly developed below expectations.
Key graphics elements
Technically, the title consolidates under a resistance zone with an RSI greater than 50, reflecting good holding of buyers. The volumes remain oriented to the purchase and the last impulsive candle suggests a possible capitulation of the sellers in contact with the resistance.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Action Maurel and Prom in the short term.
Active investors will take a position on the purchase on the title Maurel and Prom during € 5,460 with a target at € 6,000 in line. They will protect their capital by placing a stop at € 5,030.
The News Bulletin 247 Council
Daily data graphics
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