NOV Breakout - news-flow set to push NOV higher

NOV has broken a symmetrical triangle.

Significant upside.

Fundamentals:
- Growing revenue +50% year on year
- Major partnerships with global leaders - Apple Pay, Google Pay, Union Pay, Alipay, Ripple
- BNPL exposure
- US expansion commenced
- trading at 4X revenue, with peers trading at 15-20x revenue

Yorum:

Massive volume this week and a genuine breakout.

Given how undervalued NOV was prior to the breakout and its valuation vs comps, opinion is that $1 within reach in 6 months.