Fundamental - High inflationary Macro environment / no fear sentiment - Funds not Accumulation - Decent PE - Positive PEG - Decent P/FCF - Bottom Sector / Industry / Leader - Stock price attractive but seems like business model might not be attractive for the coming inflationary environment but again, it might help for small businesses to cope! Technical - Momentum Theory Indicator - waiting for momentum to bottom out - Very attractive R/R long term uptrend - Price action formation ( falling wedge ) - Broke Trend line - Below 200MA - Supported by POC - ST not ok - No bullish Candlestick pattern / formation yet
Entry idea
- For members
Stop loss depending on entry and risk appetite. But always set meaningful stops.
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