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SANSERA ENGINEERING LTD
Long
May 20, 2024
Sansera: Inverted Head & Shoulders + Q4 Power = Bullish Breakout
2
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Sansera Engineering Ltd. reported impressive Q4 results, exceeding analyst expectations.
Revenue and EBITA surpassed street estimates, prompting brokerage firms to maintain their buy recommendations.
Building on a 36% return in the past year, Sansera's stellar performance positions it for a potential bullish breakout.
Technically, the stock appears on the verge of an inverted head and shoulders pattern.
Observing price action during a breakout or pullback could present attractive short-term return opportunities.
This information as should not be considered as financial advice.
donjacob81
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