Fundamentals-
RPOWER has shown a turn around in it's balance sheet by repaying it's loan. Repayment has been made using the cash flow from operation and not by selling it's assets. There has been increase in the promotor shareholding as well, though it remains low overall. Even is the operational revenue remains same the company can be expected to recover from it's debt ridden condition in 3-4 years. This could convert this penny stocks into a multibagger.
Chart Pattern
RPOWER, after a bullish rally during mid 2021, has entered a consolidation phase. The volume has been falling. It can give a breakout soon.
NOT A BUY/SELL RECOMMENDATION.
RPOWER has shown a turn around in it's balance sheet by repaying it's loan. Repayment has been made using the cash flow from operation and not by selling it's assets. There has been increase in the promotor shareholding as well, though it remains low overall. Even is the operational revenue remains same the company can be expected to recover from it's debt ridden condition in 3-4 years. This could convert this penny stocks into a multibagger.
Chart Pattern
RPOWER, after a bullish rally during mid 2021, has entered a consolidation phase. The volume has been falling. It can give a breakout soon.
NOT A BUY/SELL RECOMMENDATION.
交易進行:
Comment: Breakout with above average volume.
Breakout Re-Testing on-going.
Breakout Re-Testing on-going.
交易結束：達到停損點:
Breakout failed. Stoploss reached. One can hold still hold it for its revival plan and improving balance sheet. Could be a multibagger. It still trades within the range of darvas box and above the 50 day SMA on weekly chart. Though Bearish now, It can show a strong reversal soon.