(News Bulletin 247) – A clearly affirmed bullish momentum on the SCOR SE share will invite active investors to position themselves for the purchase, within the framework of a swing trading operation.
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. The RSI oscillatory does not send a warning at this stage.
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 buying position on the SCOR SE share price at €27,190 with a target of €32,000 in sight. They will protect their capital by placing a stop at €24,890.
The News Bulletin 247 board
CHART IN DAILY DATA
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I have over 8 years of experience working in the news industry. I have worked as a reporter, editor, and now managing editor at 247 News Agency. I am responsible for the day-to-day operations of the news website and overseeing all of the content that is published. I also write a column for the website, covering mostly market news.