Ingenico Group : Hesitation should subside in favor of volatility
Entry price | Target | Stop-loss | Potential |
---|
€91.64 |
€96.5 |
€89.2 |
+5.3% |
---|
An exit from the recently observed accumulation phase to the upside could allow for the assumption that a clear upward trend is re-established with an increase in volatility.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● In a short-term perspective, the company has interesting fundamentals.
Strengths● The group's high margin levels account for strong profits.
● The group usually releases upbeat results with huge surprise rates.
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 95.01.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
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