Long
Ter Beke: a small one with impressive potential
Ter Beke is fundamentally undervalued. So that's the reason why I put this stock under the spotlights. But even the technical status is very good. There is a positive momentum, but the share price feels some resistance. Although the stock has rallied the last years, there is more potential: the stock is on the short term oversold and we see that these oversold conditions led to a great increase. Now we see a good momentum but an oversold condition, so everyone waits until the price breaks above the 186,95 level. If that happens, the price can reach 195 and even 202. This is an excellent setup for every investor
Note
Due to the long term perspective as value investor, I bought Ter Beke @ 149,75
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.