Trading Idea - LPKF
BUY
Buy Order: 22.24 EUR
Target: 36.00 EUR (+60%)
Stop Loss: 19.12 EUR
1.) Strong support level at 22.00 EUR Rejection!
2.) In total, it does look like LPKF Laser & Electronics has some positive aspects to its business. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak.
Buy Order: 22.24 EUR
Target: 36.00 EUR (+60%)
Stop Loss: 19.12 EUR
1.) Strong support level at 22.00 EUR Rejection!
2.) In total, it does look like LPKF Laser & Electronics has some positive aspects to its business. Even in spite of the low rate of return, the company has posted impressive earnings growth as a result of reinvesting heavily into its business. On studying current analyst estimates, we found that analysts expect the company to continue its recent growth streak.
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