Expeditors International of Washington Inc. : The trend is likely to go on
By Florian Girard
Entry price | Target | Stop-loss | Potential |
---|---|---|---|
US$49.23 | US$0 | US$48.6 | -100% |
Fundamentally, EPS estimates from Thomson Reuters’ consensus were revised upward during the last year. Operating income could increase of 9% after a 7% rise in 2014.
Technically, well oriented moving averages support the stock. There is a bullish trend on any horizon. The share has undertaken a breathing stage in the USD 47.2 / 48.8 tunnel before a breakout of the old resistance of this area.
This recent dynamism might lead the security toward its USD 51 long term resistance. Investors could take a long position at current price and target this technical threshold, before aiming the USD 53.3 long term resistance.
A stop loss will be places below the USD 48.8.