(News Bulletin 247) – A clearly stated upward dynamic on ELIOR shares will invite active investors to take a buying position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
Daily graphical analysis of the ELIOR stock makes it possible to identify an upward trend in the short term as well as in the medium term, with the short and long moving averages adopting a similar trajectory. Among the dominant graphic factors, we noted the presence of an upward channel on ELIOR share prices. We have represented in black this technical corridor which guides the ascent of the courses. The trading volume is increasing, a technical data favorable to our anticipation.
FORECAST
Considering the key chart factors we mentioned, our view is bullish on ELIOR stock in the short term.
Active investors will take a purchase position on ELIOR shares at a price of €2,522 with a target of €2,848 in their sights. They will protect their capital by placing a stop at €2,419.
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.
