(News Bulletin 247) – A clearly asserted upward dynamic on the VIEL ET COMPAGNIE share will invite active investors to take a purchasing position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the VIEL ET COMPAGNIE share makes it possible to identify a short-term upward trend. In terms of trend indicators, the 50-day moving average (in orange) acts as support for prices. The RSI indicator does not send an overbought alert at this stage.
FORECAST
Considering the key graphical factors we have mentioned, our opinion is bullish on VIEL ET COMPAGNIE stock in the short term.
Active investors will take a purchase position on the VIEL ET COMPAGNIE share at a price of €8,260 with a target of €9,990 in their sights. They will protect their capital by placing a stop at €7,740.
News Bulletin 247 advice
DAILY DATA CHART
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.
