The comeback of an upward trend can be anticipated
|Contributor / Partner|
Strategy published on : 04/21/2017 | 14:29
Entry price : 150.1MXN
Target : 166.9MXN
Stop-loss : 144.1MXN
Potential : 11.19%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
● Below the resistance at 158.78 MXN, the stock shows a negative configuration when looking looking at the weekly chart.