KPI Energy - Flag Pattern!!! #Looking for a jump
Updated
KPI Energy is into Solar Power Sector. It has recently got commissioning certificate for 4.10MW wind-solar hybrid project. TTM sales and Net Profit is highest, resulting in EPD of 33. Borrowings have increased, which is evident from the new commissing plant news. With the plant now being commissioned, we can can expect increase in revenue, and profitability.
We can see flag breakout, after consolidation, the stock is breaking out. Other indicators also looks bullish. There could be a retest and then should run for its target of 1200.
"Learning & Earning"
Cheers!!
We can see flag breakout, after consolidation, the stock is breaking out. Other indicators also looks bullish. There could be a retest and then should run for its target of 1200.
"Learning & Earning"
Cheers!!
Trade closed: stop reached
KPI Energy's stop has reached. Closing the trade. We do have trades which hit stop as well, that's the learning - book loss and look for another opportunity.
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