The company has managed to sell its fixed assets in order to get relief from its massive debt. Now the profits rather than getting consumed in paying debt have started to get accumulated. It might soon come out of grey waters as they are starting to show positive net profits.
The book value of the company is at 14+, this is the price level which will reach when everything becomes fine(ish). I will accumulate more JP Power at mentioned price zone.
Disclaimer - This is not a buy/sell advice. This is just an educational video to show how prices work.
Script credits - wbvivek
The book value of the company is at 14+, this is the price level which will reach when everything becomes fine(ish). I will accumulate more JP Power at mentioned price zone.
Disclaimer - This is not a buy/sell advice. This is just an educational video to show how prices work.
Script credits - wbvivek
註釋
Price *can* (not will) bounce back to support. I have accumulated stock at 3.2, 3.6, and 3.8. Retracement will just create another chance to accumulate. Waiting for the price to fall like that in the future is just speculation.交易進行
First booking zone reached. Holding for 2nd target.交易進行
Target 2 reached. Booked partially, rest holding for book value
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。