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Two undervalued stocks that have the potential for growth
Rating:
Loading...C.US - this is a share undervalued by 10% which is currently in a strong uptrend and gives us good levels to buy. The stock has good potential as e unlikely to reach fair value of $ 61.21. Currently trading at around $ 55 / $ 56.
Technical analysis:
Long- and medium-term uptrend
The price is a horizontal support level coincides with the 23% Fibonacci of the last impulse - positive formation for the share price.
Price Action: Presence of bullish Pin bar support levels - a positive signal.
indicators:
50SMA above 200SMA - a positive signal.
foundation:
The actual stock price is 10% below fair value and she has a recommendation to buy, which is positive for the stock. In 2017 it is expected to raise key interest rates in the US and this would affect well the banking sector which is located in this company.
SL: $ 53.87
Alternative scenario: If the price back below the diagonal support this positive scenario will be spoiled and are more likely to see a drop in price.
UNH.US - this action is also strongly undervalued and is suitable for long position at levels of dynamic and static support. The stock has good potential as it is in a clear uptrend and is undervalued by 37.5%. Its fair value at the moment is $ 220.04 and there is a recommendation to purchase.
Technical analysis:
The price has formed a long-term and medium-term uptrend and is now adjusted to the levels of dynamic 50SMA support and horizontal support formed by the previous minimum - a good level to buy.
Price Action: Bullish Pin Bar support levels - a positive signal for the share price.
Indicators: 50SMA above 200SMA, the price is supported on 50SMA - positive indications for the share price of moving averages.
Foundation: the actual price of the share is 37.5% less than fair and there is a recommendation to buy by analysts. The action is located in the health sector, and it is one of the best developing in recent years. This would support the development of the price.
SL: $ 141.62
Alternative scenario: If the price crosses below the diagonal support positive scenarios will be spoiled and are more likely to see a reversal of the trend. Although distant stop this Login e felicitous The target for us is the level of $ 220 which is actually fair value of the stock as long as it did not change.
Trainee_P_Milanov
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