RingCentral is breaking out of 39 week base after announcing a partnership with Vodafone to provide cloud-based communication services.
RingCentral is already producing 30% per month in YoY sales growth. And has steadily gained in EPS with 12%, 14% and 18% YoY growth the past three quarters. This strategic partnership should only accelerate that more.
Stop Loss is 10.52% based on a 10d ATR (x2.7) which requires a position size of R9.5 to manage risk.
Buy Point: Now at 329.18
Stop Loss: 294.55 (10.52%)
Position Size: R9.5
RingCentral is already producing 30% per month in YoY sales growth. And has steadily gained in EPS with 12%, 14% and 18% YoY growth the past three quarters. This strategic partnership should only accelerate that more.
Stop Loss is 10.52% based on a 10d ATR (x2.7) which requires a position size of R9.5 to manage risk.
Buy Point: Now at 329.18
Stop Loss: 294.55 (10.52%)
Position Size: R9.5
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
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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。
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
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。