Bertrandt AG : To new upward targets
January 25, 2013 at 03:18 am
By
Entry price | Target | Stop-loss | Potential |
---|
€80.32 |
€90 |
€78.8 |
+12.05% |
---|
Bertrandt is still well oriented and is going to new highs.
Regarding the fundamentals, firstly, we note the increase of sales recorded over the previous year.
Technically, prices continue to increase sharply for several month. On all time scales, all indicators are green and moving averages are well oriented. The security is now moving toward the mid-term resistance located at EUR 82.2 and seems able to breakout soon. This crossing would provide a strong buy signal.
Investors could take a buy position once prices will be above the resistance. A stop loss will be positioned under EUR 79.2.
The content herein constitutes a general investment recommendation, prepared in accordance with provisions aimed at preventing market abuse by Surperformance, the publisher of MarketScreener.com. More specifically, this recommendation is based on factual elements and expresses a sincere, complete, and balanced opinion. It relies on internal or external data, considered reliable as of the date of their release. Nevertheless, this information, and the resulting recommendation, may contain inaccuracies, errors, or omissions, for which Surperformance cannot be held responsible. This recommendation, which in no way constitutes investment advice, may not be suitable for all investor profiles. The reader acknowledges and accepts that any investment in a financial instrument involves risks, for which they assume full responsibility, without recourse against Surperformance. Surperformance commits to disclosing any conflict of interest that may affect the objectivity of its recommendations.