Strategy published on : 02/12/2018 | 09:12
long tradeTarget price hit
Entry price : 99.34€
Target : 108€
Stop-loss : 96.25€
Potential : 8.72%
The technical chart pattern of Air Liquide stock suggests the beginning of a trend reversal over the medium term.
Investors have an opportunity to buy the stock and target the € 108.
● The company has solid fundamentals for a short-term investment strategy.
● The share is getting closer to its long-term support in weekly data, at EUR 92.78, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● The company returns high margins, thereby supporting business profitability.
● There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
● The company is in debt and has limited leeway for investment
● The group usually releases earnings worse than estimated.