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binhajifahd
Dec 3, 2023 4:48 PM

TASI: 4040 SABTCO  Long

SAUDI PUBLIC TRANSPORT CO.Tadawul

Description

Sometimes you have to see the big picture, the macro trend, to understand the stock movement. #TASI4040 as an example:
- Higher lows and lower highs since 2007
- accelerating time in the low phases
- buying with volume + improved profits
- public transportation sector is growing with government and private incentives.

The stock only require patience. Analysis hint to a highly likely scenario of +30% within 12 months. and even more after that. All contingent on momentum and market trend.



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Disclosure: this is not a recommendation for investment. This is purely a journal for me and my own learning.
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