(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected INTERPARFUMS for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the INTERPARFUMS stock makes it possible to identify an upward trend in the short term as well as in the medium term. In terms of trend indicators, the 20-day moving average (in dark blue) acts as support for prices. The position can be held as long as this trend line gravitates above its 50-day counterpart (in orange). If necessary, the bearish gap of September 6 will magnetize prices.
FORECAST
Considering the key graphical factors we have mentioned, our opinion is bullish on INTERPARFUMS stock in the short term.
Active investors will take a purchase position on INTERPARFUMS shares at a price of €53.3 with a target of €65,400 in their sights. They will protect their capital by placing a stop at €48,900.
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.
