Real-time TRADEGATE AG - 03/23 08:59:58 pm

Good timing to anticipate the return of volatility

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Anas Lozach

Strategy published on : 03/06/2018 | 09:53

long trade

Entry price : 18.285€
Target : 22€
Stop-loss : 16.3€
Potential : 20.32%

STMicroelectronics shares stand out with an interesting technical chart pattern displaying horizontal consolidation. One would assume that the current accumulation phase will cede eventually to an acceleration to the upside.

● 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.


● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Historically, the company has been releasing figures that are above expectations.

● Sales forecast by analysts have been recently revised upwards.

● Over the last twelve months, the sales forecast has been frequently revised upwards.

● For several months, analysts have been revising their EPS estimates roughly upwards.

● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.

● Within the weekly time frame the stock shows a bullish technical configuration above the support level at 16.35 EUR


● The three month average target prices set by analysts do not offer high potential in comparison with the current prices. 2018
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