MERCy me... Long

Mercer International Inc.NASDAQ

Description

⋅ Jul 30, 2019 3:39 PM

This company gets no love or MERCy …

PE 5.4, growing revenue and earnings, 4.4% dividend, and it's oversold going into earnings 8/1.

Worth a shot here on the reversal from an oversold condition. Only 1k shares though.

Trade closed manually

⋅ Aug 1, 2019 9:26 PM

Closed AH, earnings sucked.

Chart Patterns Technical Indicators