Expeditors International of Washington Inc. : A trading opportunity
Entry price | Target | Stop-loss | Potential |
---|
US$49.03 |
US$0 |
US$46.8 |
-100% |
---|
Take advantage of the bullish trend forming.
According to Surperformance ratings, the group has strong fundamentals, both in terms of business predictability and valuation. Based on current prices, the company is valued at 1.23 times its sales.
Following a bullish wave, the stock now shows a slight decline that has lead it toward its USD 47.85 midterm support. At this level, a re-boost of buyers would enable an upturn in the medium and long term.
A technical recovery could be considered on the USD 47.86 area. The current area would represent an interesting level for buyers with a target at USD 51.65. A stop loss will be fixed below the entry point to limit risks.
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