Delayed London Stock Exchange - 08/15 05:35:06 pm

The technical configuration is positive

Envoyer par e-mail
Anas Lozach

Strategy published on : 02/13/2018 | 10:41

long trade
Stop-loss triggered

Entry price : 1640GBp
Target : 1810GBp
Stop-loss : 1556.5GBp
Potential : 10.37%

easyJet's shares display attractive technical aspects to anticipate a comeback of the underlying trend.
Investors have an opportunity to buy the stock and target the GBp 1810.


● 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.


● Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.

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

● The tendency within the weekly time frame is positive above the technical support level at 1314 GBp


● 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.

● Technically, the stock approaches a strong medium-term resistance at GBp 1689.

● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

Zonebourse.com 2018
Envoyer par e-mail