WELPSUN CORP - BULLISH - 3X CANDIDATE - LONG TERMHi Folks,
Fundamental Analysis
1. High top line growth - Sales growing at high growth.
2. High capex since 3 years. Operational leverage will play out in coming years.
3. PAT increasing constantly at a very decent growth.
4. PE is still undervalued, rerating will soar price multifold.
5. High free cash flows/ Cashflow from operations at its peek.
6. OPM is stable and increasing constantly.
Technical Analysis
1. A very big cup and handle visible, retesting breakout levels.
2. Elliott wave analysis - A fresh new larger impulse is visible.
3. Price shall follow marked channel upwards.
4. Targets are marked on cup and handle breakout.
5. Elliot wave targets are also marked basis on fib projections.
Not a trade recommendation. Do your own due diligence.
