Lower highs are in.
The 2020 post Covid19 stimulus rally has failed to break 2019 highs. It is a lower high with respect to 2018 highs.
Revenue and profits earning are declining despite the high level of debt. This means to say, debt is unable to convert to sales.
Going forward in an increasing IR environment, this company might find trouble making sales and repaying debt at the same time.
On the technical side, the top is in at 19Nov21 and the support level has broken.
Work out your own risk, entry, and stop-loss level. We will be putting this on our watchlist to wait for a good entry and then it will be shared.
The 2020 post Covid19 stimulus rally has failed to break 2019 highs. It is a lower high with respect to 2018 highs.
Revenue and profits earning are declining despite the high level of debt. This means to say, debt is unable to convert to sales.
Going forward in an increasing IR environment, this company might find trouble making sales and repaying debt at the same time.
On the technical side, the top is in at 19Nov21 and the support level has broken.
Work out your own risk, entry, and stop-loss level. We will be putting this on our watchlist to wait for a good entry and then it will be shared.
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Join our telegram channel to receive free analysis videos and timely analysis updates.
t.me/joinchat/AAAAAEpysoIiZLpAi-2kTA
Our Patreon link
patreon.com/nimbuscapital?fan_landing=true
t.me/joinchat/AAAAAEpysoIiZLpAi-2kTA
Our Patreon link
patreon.com/nimbuscapital?fan_landing=true
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。