Havas : Towards the breakout of a major resistance level
Entry price | Target | Stop-loss | Potential |
---|
€0 |
€8.5 |
€7.59 |
+∞% |
---|
Havas shares are closing in on important technical levels. The technical chart pattern suggests that the currently tested resistance will be broken and new upside potential arises while volatility is likely to increase. Investors could get ahead of this signal in order to benefit from a better risk/reward ratio.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
Strengths● The group's high margin levels account for strong profits.
● The company is in a robust financial situation considering its net cash and margin position.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
Weaknesses● Technically, the stock approaches a strong medium-term resistance at EUR 7.67.
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