The comeback of an upward trend can be anticipated
|Contributor / Partner|
Strategy published on : 12/01/2017 | 15:25
Entry price : 69.05$
Target : 75.7$
Stop-loss : 65.9$
Potential : 9.63%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Below the resistance at 76.81 USD, the stock shows a negative configuration when looking looking at the weekly chart.