Chart looks wonderful. Textbook bearish to bullish reversal setup here. bottomed in 8/24, series of higher highs and higher lows since. Seen in the cup-like pattern forming.
I would play the coming bullish breakout - from the pennant pattern -with an aggressive long upon price action confirmation.
Fundamentals also look strong. Cheap valuation at 14 times forward (granted growth has slowed materially since COVID era). FCF/EV yield of 11+% and profit margins north of 30%. I don't see much downside risk. I see plenty of upside, especially if investor sentiment surrounding software mean reverts.
This is not financial advice. Good luck!
I would play the coming bullish breakout - from the pennant pattern -with an aggressive long upon price action confirmation.
Fundamentals also look strong. Cheap valuation at 14 times forward (granted growth has slowed materially since COVID era). FCF/EV yield of 11+% and profit margins north of 30%. I don't see much downside risk. I see plenty of upside, especially if investor sentiment surrounding software mean reverts.
This is not financial advice. Good luck!
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これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
