Strategy published on : 07/09/2019 | 03:00
Entry price : 48.34CHF
Target : 52CHF
Stop-loss : 46.2CHF
Potential : 7.57%
Shares in LafargeHolcim currently show the technical configuration of a trading range. The recently observed decline yields a good timing for new long positions close to the support level.
Investors have an opportunity to buy the stock and target the CHF 52.
● In a short-term perspective, the company has interesting fundamentals.
● The share is getting closer to its long-term support in weekly data, at CHF 46.81, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● The company is one of the best yield companies with high dividend expectations.
● For the last few months, EPS revisions have remained quite promising. Analysts now anticipate higher profitability levels than before.
● The tendency within the weekly time frame is positive above the technical support level at 46.81 CHF
● With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
● For the last four months, the sales outlook for the coming years has been revised downwards. No recovery of the group's activities is yet foreseen.