(News Bulletin 247) – The group is back in an important long-term area and is benefiting from positive comments. RBC Capital maintains its sector performance recommendation with a price target raised from 122 to 124 euros.
KEY GRAPHIC ELEMENTS
Technically the title forms an accumulation close to the symbolic price level of €100. A break above €106 would trigger a short-term bullish phase.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on IPSEN stock in the short term.
Active investors will take a purchase position on the IPSEN stock at a price of €104,200 with a target of €114,000 in their sights. They will protect their capital by placing a stop at €99,800.
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.
