EO.FR
Our expectations: We expect the price to correct to Fibo 23.6 and then continue its upward movement from levels of support.
Alternative Scenarios: If the price fails to return and breaks below the levels of support, we can see a downward impulse.
Comment: Ascending trend.
50 SMA over 200 SMA - positive signal
We expect the price to go to the levels of diagonal support and start a new upward movement.
The share is underestimated, with the current price being 45.21 and analysts valuing it at 47.67.
The gross and net profits of the company are rising each year.
Positive operating income of the company.
Junior Trader Stefan Panteleev
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