Fundamentals
Technicals
Trade
Follow me for more analysis & Feel free to ask any questions you have, I am happy to help
If you like my content, Please leave a like, comment or a donation, it motivates me to keep producing ideas, thank you :)
- With the Israel/Ukraine situation developing, countries and companies will certainly not mind some extra cybersecurity spending. Hence, companies like
QLYS
are well-positioned to benefit
- Any company making new all-time highs during a challenging time in the markets should catch your interest. This one just did it on impressive earnings and with a substantial buying volume.
- I wish you could see the chart of revenue, which has grown by a consistent 20% year after year for the past decade (just a straight line up). Margins are fabulous with an 80% gross margin and a 23% profit margin.
- The firm is incredible at handling its own capital with an ROCE of 41.7% (the industry average is 8.9%). The ROCE figure means that the firm has grown 309% over the last 5 years while using the same amount of capital - highly efficient
- The firm has no debt (!) and earnings are expected to grow 10% next year.
- I could go on and on, but I know that you all degenerates are here for the charts. Just to say, if you are thinking about something longer-term, this is a perfect pick
Technicals
- What else to say than to just to look at the chart setup
- Clean break on an earnings announcement. The base could be slightly better, but I do not feel like letting this one run away.
- RSI pointing higher, good volume, relative strength is high and the industry is driven by various robust tailwinds
- Strong growth, solid fundamentals and a lovely chart - William O'Neill would be proud
Trade
- I entered the stock today; I wanted to wait for a better base, but I do not think this one will be waiting
- However, the weakness in the market might drag it down a bit and offer a better entry
- For the stoploss, I would suggest that if the stock falls back down back to the black line and below, that would be a clear sign of a failed breakout.
Follow me for more analysis & Feel free to ask any questions you have, I am happy to help
If you like my content, Please leave a like, comment or a donation, it motivates me to keep producing ideas, thank you :)