(News Bulletin 247) – A clearly asserted upward dynamic on the EURONEXT share will invite active investors to take a purchasing position, as part of a swing trading.
KEY GRAPHIC ELEMENTS
The stock is in an uptrend in all time frames. Buying volumes are numerous, particularly since January 31. The file has just caught its breath during a very healthy horizontal consolidation. The current candlesticks indicate a strong bullish recovery which should take the stock to the next resistance at around €91.30. The oscillatory RSI (relative strength index) does not send a shortness of breath alert at this stage.
FORECAST
Looking at the key chart factors we have mentioned, our view is bullish on EURONEXT stock in the short term.
Active investors will take a purchase position on the EURONEXT stock at a price of €82,850 with a target of €91,300 in their sights. They will protect their capital by placing a stop at €78,200.
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.
