Orange : A pullback is likely as the price touches the upper bound
Entry price | Target | Stop-loss | Potential |
---|
€14.91 |
€14.17 |
€15.4 |
+4.96% |
---|
The return in close proximity to the resistance at 15.01 EUR strongly favors a scenario in which the current stock price move comes to a stop followed by an expected pull back towards 14.52 EUR.
Strengths● The company is one of the best yield companies with high dividend expectations.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The stock is in a well-established, long-term rising trend above the technical support level at 14.04 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 14.93.
● The stock is close to a major daily resistance at EUR 15.01, which should be gotten rid of so as to gain new appreciation potential.
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● The company is in debt and has limited leeway for investment
● For the past seven days, analysts have been lowering their EPS expectations for the company.
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