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GreedandFear1

Sonae: 50% upside by Year End.

Long
SONAE (EURONEXT:SON)  
GreedandFear1  
EURONEXT:SON   SONAE
2
0
RSI and MACD just gave first signs of trend inversion.
Confirmation will come as the price starts crossing the moving averages.
Great value at current prices (7x P/E or 3x P/EBITDA) for a defensive sector (retail).
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