H.B. Fuller Company : A well-established uptrend
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
$36.55 | $0 | $34.7 | -100% |
Technical patterns are in the green : prices are up for several months. The reversal should continue in the coming trading sessions. The 20-day moving average should help to reach the USD 39 long term resistance.
Thanks to these good indicators, it seems relevant to take a long position in HB Fuller at the current price. The target price is the USD 39 resistance. A stop loss will be fixed under the USD 34.9 because a breakdown of this level would damage technical pattern.