I am going to buy this stock because of following reason:
1. After stage-1 made good move up
2. stage2 is not extended
2. giving good correction of 8 weeks.
3. was holding well when SPX was falling.
4. has outperformed the market.
5. low financials, mid valuation, good momentum .
6.institution holding is unchanged.
I am managing my risk with stop loss of 7%. i am targeting 25-30% from here.
P.S. this is for learning purpose and not a tip or recommendation.
1. After stage-1 made good move up
2. stage2 is not extended
2. giving good correction of 8 weeks.
3. was holding well when SPX was falling.
4. has outperformed the market.
5. low financials, mid valuation, good momentum .
6.institution holding is unchanged.
I am managing my risk with stop loss of 7%. i am targeting 25-30% from here.
P.S. this is for learning purpose and not a tip or recommendation.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.