(News Bulletin 247) – Based on a graphic argument, News Bulletin 247 analysts have selected LECTRA for active investors.
KEY GRAPHIC ELEMENTS
The daily graphical analysis of the LECTRA stock allows us to identify a short-term bullish trend. An inflection is underway in the medium term. In terms of trend indicators, the 20-day moving average (in dark blue) acts as support for prices. Trading volume is increasing, a technical figure that supports our expectations. The Bollinger bands are tightening, suggesting an imminent release of volatility.
FORECAST
Considering the key chart factors we have mentioned, our view is bullish on LECTRA stock in the short term.
Active investors will take a long position on the LECTRA share at €29,150 with a target of €36,650 in sight. They will protect their capital by placing a stop at €25,950.
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.
