(News Bulletin 247) – A clearly asserted bullish dynamic on MBWS shares will invite active investors to take a buying position, as part of a swing trading operation.
KEY GRAPHIC ELEMENTS
The graphical analysis of daily data of the MBWS stock makes it possible to identify an upward trend in the short term as well as in the medium term. As the volumes thicken, and the Bollinger bands tighten, the chart entry point becomes relevant on this action completely impervious to the current nervousness of the market.
FORECAST
Looking at the key chart factors we mentioned, our view is bullish on MBWS stock in the near term.
Active investors will take a buying position on the MBWS stock at a price of €3,990 with a target of €4,740 in their sights. They will protect their capital by placing a stop at €3,740.
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.
