(News Bulletin 247) – A clearly affirmed bullish momentum on the VIEL ET COMPAGNIE share will invite active investors to position themselves for the purchase, within the framework of a swing trading operation.

NB: traders who have followed our recommendation on this file dated 04/20 can keep the position, taking care to adjust the stop and the target according to the present elements.

KEY GRAPHIC ELEMENTS

The graphical analysis in daily data of the VIEL ET COMPAGNIE share makes it possible to identify an upward trend in the short term as well as in the medium term. Defining a well-established trend, the title of the holding company goes through phases of sustained height gains, with remarkable candles, and phases of healthy consolidations in decreasing volumes. In terms of trend indicators, the 50-day moving average (in orange) acts as a support for prices.

FORECAST

In view of the key graphic factors that we have mentioned, our opinion is bullish on the VIEL ET COMPAGNIE share in the short term.

Active investors will take a position on the purchase of VIEL ET COMPAGNIE stock at a price of €7,820 with a target of €9,990 in sight. They will protect their capital by placing a stop at €6,990.

The News Bulletin 247 board

VIEL AND COMPANY
Positive 7.820 €
Objective :
9.990 €
Potential :
+27.75%
Stop:
6.990 €
Resistance(s):
8,000 / 10,000
Medium(s):
7,500 / 7,200 / 6,460

CHART IN DAILY DATA

Graphic made from the software Prorealtime



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