(News Bulletin 247) – A clearly affirmed upward dynamic on the EURONEXT share will invite active investors to position themselves for purchase, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data for EURONEXT shares allows us to identify an upward trend in the short and medium term. In terms of trend indicators, the 50-day moving average (in orange) acts as a support for prices. An oblique support line acts as a graphical support. No divergence between price dynamics and the relative strength index is to be noted at this stage of the price advance.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on EURONEXT stock in the short term.
Active investors will take a long position on the EURONEXT share at €92,400 with a target of €108,800 in sight. They will protect their capital by placing a stop at €87,400.
The News Bulletin 247 council
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.
