(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected TFF GROUP for active investors.
KEY GRAPHIC ELEMENTS
In terms of trend indicators, the 20-day moving average acts as support for prices. The RSI price divergence throughout the month of August resulted in the gradual start of a recovery, in a saucer pattern, the formation of which is almost complete. Otherwise called rolling bottom, this figure is particularly predictive, subject to a substantial increase in output volumes.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on TFF GROUP stock in the short term.
Active investors will take a purchase position on the TFF GROUP stock at a price of €18,550 with a target of €25,300 in their sights. They will protect their capital by placing a stop at €16,950.
News Bulletin 247 advice
DAILY DATA CHART
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