Barco shows relatively strong fundamentals and is coming back to attractive price.

The income statement of the company shows a good compromise between valuation and growth prospects. Currently valued at 0.53 its sales in 2013, the company has the potential for a significant increase.

The support of EUR 54.6 area offers a buying opportunity due to its strength. In addition, at these levels, there is a bullish slant that supports the share to enable it to rise again. The selling pressure could be over soon and we anticipate a return on the EUR 61.45 resistance.

So as to make the most of a potential technical rebound of Barco, it seems opportune to take a long position at the current price. A confirmation of this pattern would enable the security to reach the EUR 61.45 resistance, with a potential gain of 9.1 %. Investors should not insist under EUR 54.6 and are better to place a stop loss order under this threshold.