Close to an important technical resistance levels
Strategy published on : 11/07/2017 | 10:23
Entry price : 17.45€
Target : 19€
Stop-loss : 16.6€
Cancellation Level : 16.5€
Potential : 8.88%
● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
● The company has attractive valuation levels with a low EV/sales ratio compared with its peers.
● Sales forecast by analysts have been recently revised upwards.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The tendency within the weekly time frame is positive above the technical support level at 14.78 EUR
● Stock prices approach a strong long-term resistance in weekly data at EUR 17.4.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● The company's earnings releases usually do not meet expectations.