(News Bulletin 247) – On the basis of a graphical argument, News Bulletin 247 analysts selected VRANKEN-POMMERY for active investors.
KEY GRAPHIC ELEMENTS
The action of the champagne house, without trend clearly defined background, evolves in a tidy based on 15 euros, the level against which it is attempting to regain support. The RSI (relative strength) oscillator has just rebounded sharply on its oversold line, at a level close to the lower limit of the Bollinger bands. We will aim for a rapid return to a price zone close to 16.50 euros.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on VRANKEN-POMMERY stock in the short term.
Active investors will take a purchase position on the VRANKEN-POMMERY stock at a price of €15,200 with a target of €16,500 in their sights. They will protect their capital by placing a stop at €14,450.
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.
