Reply S.p.A. : Good timing to go long again
| Entry price | Target | Stop-loss | Potential |
|---|
|
€62.15 |
€66.7 |
€58 |
+7.32% |
|---|
The support at 62.4 EUR, which is currently being tested, should allow Reply S.p.A. shares to move back to the upside.
Summary● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
● The company has solid fundamentals for a short-term investment strategy.
● The share is getting closer to its long-term support in weekly data, at EUR 62.75, which offers good timing for buyers.
● The close medium term support offers good timing for purchasing the stock.
● The company is in a robust financial situation considering its net cash and margin position.
● Considering the small differences between the analysts' various estimates, the group's business visibility is good.
● Historically, the company has been releasing figures that are above expectations.
● The tendency within the weekly time frame is positive above the technical support level at 62.75 EUR
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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REPLY S.P.A. 
