(News Bulletin 247) – A clearly asserted upward dynamic on MERCIALYS shares will invite active investors to take a purchasing position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the MERCIALYS stock makes it possible to identify an upward trend in the short term as well as in the medium term. The recent widening of the Bollinger bands is accompanied by a burst of volatility, putting an end to a long and healthy phase of lateralization around the 50-day moving average (in orange).
FORECAST
Considering the key graphical factors we have mentioned, our opinion is bullish on MERCIALYS stock in the short term.
Active investors will take a purchase position on the MERCIALYS stock at a price of €10,560 with a target of €12,640 in their sights. They will protect their capital by placing a stop at €9,770.
News Bulletin 247 advice
DAILY DATA CHART
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