(News Bulletin 247) – Our analysts have spotted an excellent chart pattern on the SCOR SE share, which the most active investors will be able to work on, at current price levels.

KEY GRAPHIC ELEMENTS

The daily data chart analysis of the SCOR SE share allows us to identify an uptrend in the short term as well as in the medium term. Among the dominant chart factors, we noted the presence of a bullish gap in SCOR SE share prices. Formed on May 12, this major quotation gap reflected a surge in the buying camp, at the heart of the ascending course within a steep bullish channel, which we have represented in black on the graph below.

FORECAST

Considering the key chart factors we have mentioned, our opinion is bullish on SCOR SE stock in the short term.

Active investors will take a long position on the SCOR SE share price at €25.49 with a target of €29,990 in sight. They will protect their capital by placing a stop at €23,590.

The News Bulletin 247 board

SCOR SE
Positive 25.490 €
Objective :
29.990 €
Potential :
+17.65%
Stop:
23.590 €
Resistance(s):
30,000 / 32,000
Medium(s):
23,450 / 20,700 / 16,000

CHART IN DAILY DATA

Graphic made from the software Prorealtime

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