MMTC Long term trading Idea
Atualizado
As we can see stock breakout its darvas Box from long consolidation time correction is already happened in this stock. the stock list in 1300 in 2010 now it went as low as 10rs almost 99% corrected from its peak which is 1300 levels. now company is cleared its debts.
now come to the fundamentals part the stock PE is 78 fall from 177.now it is trade on it median
although quarterly sales and profits are significantly drop from march 2022 but from march 2023 stock change its trend you can analyze the chart on multiple time frame for better undegrading what i traying to say.
if we talk about the technical, stock making higher high from December 2023 with a hug trading volume. bullish crossover in December 2023 RSI is also above 60 on week, day, and month chart it clearly show that stock is in power mode. on 1hr chart stock make a marubuzu candlestick with good trade volume.
stock is for high gain high risk not for safe player
stock can pickup its momentum again but as i always says do your complete research consult your financial advisor before making any investment decision
Educational Content
This stock analysis is designed for educational purposes and should not be taken as professional financial advice. Please carry out your own research or consult with a financial advisor before investing.
now come to the fundamentals part the stock PE is 78 fall from 177.now it is trade on it median
although quarterly sales and profits are significantly drop from march 2022 but from march 2023 stock change its trend you can analyze the chart on multiple time frame for better undegrading what i traying to say.
if we talk about the technical, stock making higher high from December 2023 with a hug trading volume. bullish crossover in December 2023 RSI is also above 60 on week, day, and month chart it clearly show that stock is in power mode. on 1hr chart stock make a marubuzu candlestick with good trade volume.
stock is for high gain high risk not for safe player
stock can pickup its momentum again but as i always says do your complete research consult your financial advisor before making any investment decision
Educational Content
This stock analysis is designed for educational purposes and should not be taken as professional financial advice. Please carry out your own research or consult with a financial advisor before investing.
Nota
My 35% target achieved in 20 days 🚀
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