Nu Skin Enterprises,

NUS
Real-time BATS EXCHANGE - 05/21 04:00:01 pm
51.625USD
+0.19%

The comeback of an upward trend can be anticipated

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David Meurisse
Contributor / Partner

Strategy published on : 05/09/2019 | 10:57

long trade
Stop-loss triggered

Entry price : 54.7$
Target : 63.7$
Stop-loss : 51.7$
Potential : 16.45%

The technical chart pattern of Nu Skin Enterprises, Inc. shares shows signs of a medium term reversal, which speaks in favor of opening new long positions.
Investors have an opportunity to buy the stock and target the $ 63.7.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● The company has solid fundamentals for a short-term investment strategy.


Strengths

● Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.

● Analysts covering this company mostly recommend stock overweighting or purchase.

● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.


Weaknesses

● The company's earnings releases usually do not meet expectations.

● Below the resistance at 67.06 USD, the stock shows a negative configuration when looking looking at the weekly chart.

Zonebourse.com 2019
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