without_worries

Mediclinic International Plc

Long
LSE:MDC   None
*investment opportunity*

A 80% correction since the market top in 2015 and following oversold condition (orange column) now results in an ‘incredible buy’ opportunity as indicated on the above 10-day chart. Additionally price action prints a higher low after a correction from 345 to find support at the golden ratio.

Fundamentally speaking this business engages in the provision of hospital services. I think it does not take a genius to recognise why this business might see increasing demand during the months ahead.

Lastly on the monthly chart below there is Regular Bullish divergence with higher lows on the Stochastic RSI that follows the printing of Bullish engulfing candles = very bullish.

Trade active
Trade active:
Returned 70% so far. No action required.

Trade closed manually

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
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