(BFM Stock Exchange) – A clearly assertive bullish dynamic on the SMCP 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 of the SMCP action makes it possible to identify a short -term upward and medium term trend. Among the dominant graphic factors, we noted the presence of Haussiers gaps on the prices of the SMCP action. Although of a different nature, these rating ditches constitute, between them, powerful indices for the continuation 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 SMCP action in the short term.
Active investors will take a position on purchase on the SMCP title during € 6,650 with a target at € 9,950 online. They will protect their capital by placing a stop at € 5,870.
The News Bulletin 247 Council
Daily data graphics
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