(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected LINEDATA SERVICES for active investors.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the LINEDATA SERVICES share 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 50-day moving average (in orange) acts as support for prices. The action of the publisher and developer of software packages intended for the financial industry is currently temporarily prevented by a technical barrier (75 euro zone), the crossing of which, subject to joint acceleration of volumes and volatility, would clear the bullish horizon.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on LINEDATA SERVICES stock in the near term.
Active investors will take a purchase position on the LINEDATA SERVICES share at a price of €74,200 with a target of €99,900 in their sights. They will protect their capital by placing a stop at €67,700.
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.
