Stock forms Inverted head and shoulders pattern with proper neckline formation Pros 1. 5DEMA crossover 13DEMA 2. High on volume 3. Formation of Inverted Head & shoulders pattern 4. Trading 0.77 times book value Cons 1. Trading below the Anniversary Date according to the Gann's theory *Please make decisions basis your analysis this is just my analysis...
Chart shows a strong volume trade which means the bulls are on the run Pros 1. High Volume 2. Stock trading Above the Anniversary Date 3. Strong Upflag pattern in the stock 4. 5DEMA cross over 13DEMA Cons 1. low return on equity of 3.30% over last 3 years. 2. poor sales growth of 0.84% over past five years. Can be bought for small term as part of the...
MEDPLUS stock showing upflag chart pattern and trades above the Anniversary Date Pros 1. Upflag pattern 2. Breakout with good Volumes 3. Golden Crossover before the breakout candle 4. Piotroski score 7 5. Good profit growth of 25.7% CAGR over last 5 years Cons 1. Stock is trading at 6.23 times its book value Verdict Target = 841 SL = 744 Buy@ =...
Medplus Stock shows upflag Pattern & currently trading above the anniversary date of 23 Dec Pros 1. Golden Crossover before the breakout candle 2. Upflag Pattern 3. Breakout with good volumes 4. Trading above the anniversary date of 23rd December 5. good profit growth of 25.7% CAGR over last 5 years 6. Piotroski score = 7 Cons 1. Stock is trading at 6.23...
ASIANTILES , Please find below the following observations on the stock : Pros 1. Clear Upflag Pattern formed 2. Green Breakout candles with great volumes 3. Bullish Piercing Candlestick Pattern 4. Momentary buy 5. Risk reward Ratio of 1:5 Cons 1. Stock is currently trading below the Anniversary Date 2. 5 DEMA crossover with 13 DEMA is almost 10-12 candles...