Price look oversold (underevaluated)
Tatamotors is a big indian company with
nice financial data.
Price is in indian roupie so
it's approximatively 2$ and have a nice
upside potential
the technical analysis looks good.
we form a bullish bat at a very low point
(-80% since 5 years) and divergence on MACD
waiting for break of the structure and
trendline to enter long(more secured)
Tatamotors is a big indian company with
nice financial data.
Price is in indian roupie so
it's approximatively 2$ and have a nice
upside potential
the technical analysis looks good.
we form a bullish bat at a very low point
(-80% since 5 years) and divergence on MACD
waiting for break of the structure and
trendline to enter long(more secured)
評論:
last performance from the lower point to the higher point (Nov 2008 to January 2015) where 2000%. seems interesting