Strategy published on : 08/07/2019 | 04:57
long tradeStop-loss triggered
Entry price : 9.41€
Target : 10.4€
Stop-loss : 8.99€
Potential : 10.52%
Corticeira Amorim, SGPS, reflects attractive technical aspects that could allow investors to expect a trend reversal over the medium term.
Investors have an opportunity to buy the stock and target the € 10.4.
● 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.
● Graphically speaking, the timing seems perfect for purchasing the stock close to the EUR 9.37 support.
● Historically, the company has been releasing figures that are above expectations.
● Analysts covering this company mostly recommend stock overweighting or purchase.
● The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.