Fidelity National Financial Inc : Continuation of the bullish trend
By Josselin Giraud
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
US$23.36 | US$0 | US$22.1 | -100% |
The company shows strong fundamentals. The consensus revised upward EPS estimates for this year and that let see a great potential for the security on the stock market.
Technically, the security shows a bullish configuration on all time scales. Prices are supported by increasing moving averages. In weekly data, 20-week moving average helps the stock to keep its uptrend.
Consequently, it seems opportune to wait for a pull-back and buy the stock close to the USD 22.75 level. Next, the goal will be fixed at the resistance of USD 24.2 with a stop loss order placed below USD 22.75.