(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected PIERRE VACANCES for active investors.
KEY GRAPHIC ELEMENTS
The stock, which exited from the bottom of a shoulders, head and shoulders chart pattern constructed in the spring, is engaged in a characterized bearish phase. Oversold, nevertheless in the very short term in the sense of the RSI oscillatory, it is a candidate for a technical type protest reaction, towards its 50-day moving average (in orange).
FORECAST
Considering the key graphical factors that we have mentioned, our opinion is bullish on PIERRE VACANCES stock in the short term.
Active investors will take a purchase position on the PIERRE VACANCES stock at a price of €1,186 with a target of €1,385 in their sights. They will protect their capital by placing a stop at €1,099.
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.
