Guillemot Corporation : Technically solid
Entry price | Target | Stop-loss | Potential |
---|
€8.34 |
€9.3 |
€7.84 |
+11.51% |
---|
Shares in Guillemot Corporation show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Strengths● The tendency within the weekly time frame is positive above the technical support level at 4 EUR
Weaknesses● Stock prices approach a strong long-term resistance in weekly data at EUR 8.52.
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
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