(News Bulletin 247) – A clearly asserted bullish dynamic on the AIRBUS GROUP share will invite active investors to take a purchasing position, as part of a swing trading operation.
NB: operators who have followed our recommendation on this same file will be able to maintain the position, taking care to adjust the stop and the objective.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the AIRBUS GROUP share makes it possible to identify an upward trend in the short term as well as in the medium term. The bullish bias is firm, regular, the result of the chronic rallying of the buying camp. In terms of trend indicators, the 50-day moving average (in orange) acts as support for prices. The rise in prices is taking place in full convergence with volumes on the one hand, and the relative strength index on the other. In the short term, the 20-day moving average (in dark blue) acts as support.
FORECAST
Considering the key chart factors we mentioned, our view is bullish on AIRBUS GROUP stock in the short term.
Active investors will take a purchase position on the AIRBUS GROUP stock at a price of €211.35 with a target of €240,000 in their sights. They will protect their capital by placing a stop at €199.
News Bulletin 247 advice
DAILY DATA CHART
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