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On the basis of a graphical argument, News Bulletin 247 analysts selected SODEXO for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the SODEXO share makes it possible to identify an upward trend in the short term as well as in the medium term. Among the dominant graphical factors, we noted the presence of an upward channel on SODEXO share prices. This vast ascending corridor, which guides prices, is shown in black on the graph above.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on SODEXO stock in the short term.
Active investors will take a purchase position on SODEXO shares at a price of €77,840 with a target of €90,000 in their sights. They will protect their capital by placing a stop at €72,690.
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.
