Ter Beke: a small one with impressive potential

14 Tem 2017

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

15 Tem 2017

Not

Due to the long term perspective as value investor, I bought Ter Beke @ 149,75