What you have below are three stocks that I found that are trading well below their book value (in some cases as much as 1/4). But what you also have on the chart is some potential breakout plays that are developing.
So this is an example of where fundamental analysis can easily be coupled with technical analysis for some legitimate trading opportunities. My thesis in the cases below is that once they breakout, they won't be like just any kind of breakout, instead they will be fueled by the fact that they are fundamentally undervalued and likely to create a far greater buying demand at their key technical breakout levels.
Here Are 3 Undervalued Stocks Ready For The Breakout.
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Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida. More >>