Servcorp: Strong Fundamentals and Double Breakout PotentialServcorp Limited ASX:SRV has demonstrated strong financial health with a rising RSI and a significant breakout on the weekly chart. After a period of consolidation following the main breakout, the stock has formed a second breakpoint, indicating further upside potential.
Fundamentals:
Valuation Multiples: Trading at a low EBITDA and revenue valuation multiple
Dividend History : Maintained dividend payments for 25 consecutive years
Profitability: Profitable over the last twelve months
Balance Sheet: Holds short-term obligations that exceed liquid assets
Return: High return over the last year
Analyst Predictions: Expected to be profitable this year
Technical:
Rising RSI: Indicates strengthening momentum
Strong Weekly Breakout: A significant bullish signal
Second Breakpoint: After a mini consolidation following the main breakout, the stock is well-positioned for a stronger move
Consolidation: Previous consolidation suggests a potentially stronger move this time
ASX:SRV
Dividendgrowth
ITC LongITC near ATH
Reversal can be seen following bounce-back along with some possibility of sideways for few weeks as well.
Long is for sure though.
Fundamentals: Good
Technical: Channel rising
Dividend: Good
Target: 367/412
Resistance: 323/308
Time Frame: 6-12 months or more (Upside)
BSE Ltd. LongBSE Ltd. is a quality stock as it offers the holders promising fundamentals & the dividend payout is also good.
Possibility of Upside in sight if trend breaks the wedge. Good stock for long position.
Fundamentals: Good
Dividend: Good
Technical: Falling Wedge
Target: 590/616/641/704
Support: 559/545
Time Frame: 12-16 months
