Will there be an exit from the trading range on the downside?
Strategy published on : 04/19/2017 | 14:31
Entry price : 24.55$
Target : 22.1$
Stop-loss : 25.45$
Cancellation Level : 25.5$
Potential : 9.98%
● In a short-term perspective, the company has interesting fundamentals.
● This company will be of major interest to investors in search of a high dividend stock.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The share is close to its long-term resistance in weekly data. Therefore, the potential should be limited. However, a further bullish movement when crossing this resistance will be a positive signal.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.