(News Bulletin 247) – The stock has excellent fundamentals and is returning to an attractive valuation level for investors relative to the price at which it has traded in recent years.
> Technical Section: Selling volumes disappear while the trend stabilizes. We can take a position in this accumulation zone to aim for a rebound towards €38.
FORECAST
Considering the key graphical factors we have mentioned, our view is bullish on DASSAULT SYSTEMES stock in the short term.
Active investors will take a long position on the DASSAULT SYSTEMES share price at €34,400 with a target of €38,000 in sight. They will protect their capital by placing a stop at €32,160.
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.
