LOGI, TIME TO LOAD UP!
Hello fellow traders and investors, here's another trade idea.
LOGI has recently pulled back to the trendline that acts as a support. If LOGI makes a full recovery it offers around a 20% ROI to the previous high.
Technicals:
The Macd indicates that LOGI is oversold
The Ema's indicate that LOGI is in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
There are three options I would consider. The first one would be at its previous high which offers a 20% ROI, the second one would be to sell at the top of the trendline for around a 27% ROI and the third would be to hold for the long term.
Fundamentals: LOGI engages in the design, manufacture, and marketing of peripherals for PCs, tablets, and other electronics. It offers headsets, speakers, mice, keyboards, and webcams. The firm's brand includes Logitech, Jaybird, of Ultimate Ears, Logitech G, ASTRO Gaming, and Blue Microphones. Their fundamentals are absolutely amazing sitting at around 18 P/E, sales increased 84% Q/Q, earnings growth of 220% Q/Q, an ROI of 27%, and their total debt to equity is 0. I love this company since the fundamentals are amazing, Logitech isn't overvalued and it tends to double in price every two years.
Rating: 95/100
I rate this company 95/100 since fundamentals are amazing and I forecast a good ROI I could get from investing in them. The only reason its not 100/100 is because they benefited from the pandemic and investors would've potentially bought for this shorter-term growth in sales.
NOTE: I will most likely be buying LOGI lightly on Monday and if EMA's cross I will add to my position.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow and comment your thoughts.
Thanks.
LOGI has recently pulled back to the trendline that acts as a support. If LOGI makes a full recovery it offers around a 20% ROI to the previous high.
Technicals:
The Macd indicates that LOGI is oversold
The Ema's indicate that LOGI is in a downtrend
When To Buy:
When EMA's crossover
When the Macd indicates a reversal by crossing its EMA
When To Sell:
There are three options I would consider. The first one would be at its previous high which offers a 20% ROI, the second one would be to sell at the top of the trendline for around a 27% ROI and the third would be to hold for the long term.
Fundamentals: LOGI engages in the design, manufacture, and marketing of peripherals for PCs, tablets, and other electronics. It offers headsets, speakers, mice, keyboards, and webcams. The firm's brand includes Logitech, Jaybird, of Ultimate Ears, Logitech G, ASTRO Gaming, and Blue Microphones. Their fundamentals are absolutely amazing sitting at around 18 P/E, sales increased 84% Q/Q, earnings growth of 220% Q/Q, an ROI of 27%, and their total debt to equity is 0. I love this company since the fundamentals are amazing, Logitech isn't overvalued and it tends to double in price every two years.
Rating: 95/100
I rate this company 95/100 since fundamentals are amazing and I forecast a good ROI I could get from investing in them. The only reason its not 100/100 is because they benefited from the pandemic and investors would've potentially bought for this shorter-term growth in sales.
NOTE: I will most likely be buying LOGI lightly on Monday and if EMA's cross I will add to my position.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow and comment your thoughts.
Thanks.