(BFM Stock Exchange) – A clearly assertive bullish dynamic on the Legrand action will invite active investors to position themselves for purchase, as part of a swing trading operation.
Key graphics elements
The graphic analysis in daily data from the Legrand action makes it possible to identify a short -term upward trend in the medium term, the fruit of motivation and the rally in the duration of the buyer camp. Among the dominant graphic factors, we noted the presence of numerous bruise gaps on the recent history of the Legrand action courses. A rosary of rating ditches which constitutes a powerful index of movement of movement. In terms of trend indicators, the mobile average at 50 days (in orange) acts as a support for courses. The exchange volume is increasing, technical data favorable to our anticipation.
FORECAST
In view of the key graphic factors that we have mentioned, our opinion is bullish on the Legrand action in the short term.
Active investors will take a position on purchase on the Legrand title during € 138,750 with a target at € 165,000 in line. They will protect their capital by placing a stop at € 127,800.
The News Bulletin 247 Council
Daily data graphics
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