SolarWinds Inc : We anticipate a reversal
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
$50.59 | $0 | $45.2 | -100% |
According to Surperformance ratings, the group has strong fundamentals, both in terms of business predictability and valuation. In addition, analysts have recently revised upward their earnings estimates and now expect a profit of USD 1.03 per share for the current year.
SolarWinds is in bullish channel in the long term and is coming back to a key point after a downturn at USD 48.1. It seems opportune to profit from the level currently tested to anticipate a reversal.
Investor should analyze this security close to USD 48.1 to take advantage of a new upward acceleration in the direction of USD 59.85. A stop loss is placed under USD 48.1.