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A clearly stated bullish dynamic on the ESSILORLUXOTTICA share will invite active investors to take a buying position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the ESSILORLUXOTTICA share makes it possible to identify an upward trend in the short term as well as in the medium term. The 20-day moving average (in dark blue) is gaining support on its 50-day counterpart (in orange). A major test as the title achieved the feat of drawing six candles in a row with a green body.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on ESSILORLUXOTTICA stock in the short term.
Active investors will take a purchase position on the ESSILORLUXOTTICA share at a price of €190.34 with a target of €210,000 in their sights. They will protect their capital by placing a stop at €182,400.
News Bulletin 247 advice
DAILY DATA CHART
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