NEO.FR and MF.FR: good levels to buy shares

23.02.2017 / 17:06

Rating:

NEO.FR - 23.02.2017
Time Frame: D1

Long-term uptrend, medium term correction to levels of diagonal and horizontal support.
The company has good financial indicators, such as sales revenue and net profit grow over the past four years. Recommendation financial analysts is BUY. EPS is equal to 3.19 over the years has seen a steady growth.
The company is in the service sector, which now has seen a steady growth.
Price action: Pin bar that is devouring - a strong bullish signal for the price.
Indicators: CCI (14) crosses the 0 - signal a new upward wave; 50SMA above 200SMA - positive price available on average.
SL: € 27.50

Alternative scenario: If the price crosses back below the diagonal and horizontal support, positive scenarios will be spoiled and are more likely to see a drop in price.
Chart NEO.FR:

MF.FR - 23.02.2017
Time Frame: D1

Availability of long-term uptrend, the price correction to levels of diagonal and horizontal support, which coincide with the 23.6% Fibonacci retracement. The company grew revenue in the last two years and stagnation in the three years before them. The net profit of the company for the past five years is positive, but there is no upward trend. EPS of the company is 3.43. The one-year goal of the company is the price reach 129.67. The company is the financial sector which currently has strong fundamental support of the new policies that Trump will not only affect US stocks and the banking sector.
Price action: devouring bar on levels of levels of diagonal and horizontal support - a positive signal for the price.
Technical indicator: CCI (14) crosses the 0 bottom up - a positive signal which indicates a new upward wave in the tool. 50SMA above 200SMA - positive price available on both moving averages.

SL: 105.90

Alternative scenario: If the price crosses back below the diagonal and horizontal support, positive scenarios will be spoiled and are more likely to see a drop in price.
Chart MF.FR:

Junior_Trader_P_Milanov

Varchev Traders

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NEO.FR and MF.FR: good levels to buy shares

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