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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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.