|Contributor / Partner
Strategy published on : 05/09/2019 | 10:57
long tradeStop-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.
● 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.
● 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.
● 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.