LOG Potential Breakout Logista $LOGLOG Potential Breakout Analysis
BME:LOG is indicating a potential breakout based on technical analysis, suggesting an opportune moment to consider delving into Logista.
Why Logista?
Logista, as a leading distributor and logistics operator, plays a crucial role in various industries, including tobacco, pharmaceuticals, convenience, and technology. The company's strategic positioning and efficient supply chain management make it an attractive option for investors looking to capitalize on the logistics sector's growth potential.
Compelling Reasons to Consider Logista:
Market Dominance: Logista holds a strong market position in its core businesses, benefitting from long-standing relationships with key clients and a wide-reaching distribution network.
Resilience: The essential services provided by Logista ensure consistent demand for its logistics solutions, making it a stable investment choice even during economic uncertainties.
Innovation: Logista continues to invest in technology and automation to enhance operational efficiency and meet evolving customer needs, positioning itself for sustained growth in the logistics industry.
Exploring opportunities in Logista could offer a blend of stability and growth prospects within the logistics sector. Stay tuned to BME:LOG for further developments signaling a potential breakout to make informed investment decisions effectively.
1LOG trade ideas
LOGISTA: Shaping perfect bearish #headandshouldersAlthough its profits amounted at a record level last year 2019 at €165 million (+5.1% YoY), a head and shoulders figure appears in the short term maybe to drag the company to 14.10 zone at the end of July or beginning of August. Pharma logistics and convinience products division had a very good behaviour. EBITDA was €81.5 million (+11.3% YoY)
However, in the first fiscal semester, LOGISTA experienced -11.8% profits YoY even though revenues have been stable. Ebitda is down -9%, although they've applied IFRS 16 and then it's up 1.6%, as a consequence of it.
If the company decides to pay dividend as every year at the end of August, maybe LOG will go up for the dividend appetite from 14.19€ zone.
It is important to note that payout in 2019 was 93.6% and in 2020 they've increased it to 95%. Big payout, folks!
Logista - trade for next weekI like Logista technical situacion: on the weekly chart I see a very nice doji candle at a flag support line, with longer term MA ribbon playing as support as well. The shorter term MA ribbon has just penetrated above the long term one from below, signaling bullish momentum on the weekly chart. Finally, the doji weekly candle low is at 38.2% Fibo retracement. I would buy on prices above this week high.