Olin Corporation : The resistance should give in : vimarsana

Olin Corporation : The resistance should give in


25.79%
Olin Corporation shares are reaching an interesting resistance zone. The current technical chart pattern suggests that a breach of this level could lead to new upside potential.
Investors have an opportunity to buy the stock and target the $ 50.
Summary
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Strengths
With a P/E ratio at 10.75 for the current year and 12.72 for next year, earnings multiples are highly attractive compared with competitors.
Over the last 4 months, analysts have significantly revised upwards the company's estimated sales.

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