Booz Allen Hamilton Holding Corporation : Price acceleration in sight
By Florian Girard
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
US$27.95 | US$0 | US$26.8 | -100% |
The company has an excellent Surperformance rating. There is a strong buyer consensus, indeed, none analyst is on the “sell” side. Moreover the current valuation show a +24% potential to reach the average target price.
Technically, the stock is in a neutral phase within the USD 27.8-30.5 range. It is currently on its support area at USD 27.8. This technical threshold and the closeness of the rising lower trendline give credit to a forthcoming rebound.
Consequently, investors may open a long position at current prices and target a reversal toward the USD 30.5 resistance. A stop loss order should be set at USD 26.8.