I will be buying timken above 976
Technical: stock quickly recovered from recent COVID-19 crash lows. the price has been contracting, last few days price action looks constructive.
Fundamental:
This stock shows good sales and profit growth.
5 years of sales growth - 18.3%
5 years of profit growth - 26.7%
Margins at a record high of 22%, although this doesn't look sustainable
TTM earnings up 65%
Technical: stock quickly recovered from recent COVID-19 crash lows. the price has been contracting, last few days price action looks constructive.
Fundamental:
This stock shows good sales and profit growth.
5 years of sales growth - 18.3%
5 years of profit growth - 26.7%
Margins at a record high of 22%, although this doesn't look sustainable
TTM earnings up 65%
Trade active:
up 5%. breaking out on good volume in the first hour. let's see if the price sustains
Trade closed manually:
sold at 995. price reversed hard from all times highs, will look for a strong base build and take a position in the future
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