How to earn 30% in the coming weeks with a stock that is about to explode to the upside? Just invest in Valsoia shares as also suggested by the analyst who hedges the share with a Buy consensus, buy now. The target price, then, expresses an undervaluation of 34%.
Another reason to bet on Valsoia shares comes from the publication, a few days ago, of the half-year report as at 30 June 2020. Sales revenues as at 30 June 2020 amounted to 43.4 million euros compared to 37.1 million euros likewise period showing a growth of 17.2%. Net profit for the period amounted to € 4.6 million, an increase compared to the same period of 2019 by € 1.6 million (+ 52.7%). Very important numbers that made the company president declare
“I express satisfaction, as well as for the results achieved, for how the company has managed to safeguard the safety and health of its collaborators, stakeholders and consumers in an unprecedented health emergency phase, guaranteeing operational continuity. The growth in sales on international markets and the innovative effort continued also during the lockdown period with the launch of the supplement line was particularly satisfactory ”.
How to earn 30% in the coming weeks with a stock that is about to explode to the upside: the indications of the graphical and forecast analysis
Valsoia (MIL:VLS) closed the session on 15 September with an increase of 2.01% compared to the previous session at 12.7 euros.
The ongoing projections on all time frames are bullish and have reached the I price target. The session of September 15, however, brought an element of novelty. The daily close, in fact, was higher than the very strong resistance in the 12.661 euro area. In this way, the possibility of reaching the II price target in the 14.14 euro area was opened. The maximum extension of the current bullish projection is in the 15.651 euro area.
This break, if confirmed, in the next few sessions could lead to a bullish acceleration also on the weekly and monthly. If this scenario were to occur, the prices in the coming weeks could rise by 30% from current levels.
Daily time frame
Weekly time frame
Time frame mensile