We're goin back!

Let' us analyze the pre-pandemic company results:

• We can see a strong trendline was formed from the beginning of 2019.
  
• From the middle of 2018 the company was doing good: the average earnings per share was 0.8, and was holding for 2 years
  
• The average price was ~72 on that trendline.
  

The after-pandemic results are 2-2.5 which is 2-3 times more!

1. We are close to the trendline again, which makes strong buyout support.

2. The fair price today is between 72 * 2 = 144 and 72 * 3 = 216!

Therefore, we are way lower then a fair pice now, so the chances for the immediate reversal are extremely high!

Besides,
* RSI is on the low border
* EWO is close to the pandemic minimum
* the 120-130 gap from November is closed
* The 200-day sma corresponds the trendline, see the idea linked

TUZEMUN!!! :-)

Yorum:

We're on the consolidation phase.
Basically, all the IT is lagging now, see NDX/QQQ/FXIT

But QCOM is special, since it also has strong fundamental

Yorum:

/
TU
-- ZE
------ MOOOOOOOOOOOOON!!!!!!!!!!1111

İşlem kapandı: durdurma seviyesi