KEY GRAPHIC ELEMENTS
The company is growing with a net profit and turnover that are increasing regularly. Margins are improving, and the group is reducing its debt.
Technical Section: The stock has just reacted successfully at the bottom of its range. The stock should therefore continue this rebound towards the upper limit of the range around 65 euros.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on WAVESTONE stock in the short term.
Active investors will take a long position on the WAVESTONE share price at €56,900 with a target of €65,000 in sight. They will protect their capital by placing a stop at €48,900.
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.
