(News Bulletin 247) – A clearly asserted upward dynamic on VETOQUINOL 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 VETOQUINOL share makes it possible to identify an upward trend in the short term as well as in the medium term. The stock is, in the short term, very clearly uncorrelated with the market as a whole, which in this case is an advantage. The Bollinger bands are tightened, suggesting an end to the sideways transition.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on VETOQUINOL stock in the short term.
Active investors will take a purchase position on the VETOQUINOL stock at a price of €102.4 with a target of €123,000 in their sights. They will protect their capital by placing a stop at €92,900.
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.
