I took a pilot position at 85 and added more at 85.5.
Technicals: stock quickly recovered from recent COVID-19 crash lows. it didn't break the previous low made in 2018. these are good signs
Fundamentals:
5 years of sales growth - 21%
5 years of profit growth - 24%
Margins rising steadily since 2018
Debt decreased by 39%
TTM earnings up 40%
Technicals: stock quickly recovered from recent COVID-19 crash lows. it didn't break the previous low made in 2018. these are good signs
Fundamentals:
5 years of sales growth - 21%
5 years of profit growth - 24%
Margins rising steadily since 2018
Debt decreased by 39%
TTM earnings up 40%
Trade closed manually:
Sold at 86.5. stock is not acting well.
Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini