Get started
BALTICstockinvestor

SFG buying dip or catching falling knife !?

SILVANO FASHION GROUP (OMXTSE:SFG1T)  
BALTICstockinvestor  
OMXTSE:SFG1T   SILVANO FASHION GROUP
Trend Analysis Fundamental Analysis Chart Patterns
1
0
trendanalysis fundamental chartpattern
SFG1T falling more than 3% on Q2'20 report published after Friday's trading session.
RSI getting close to oversold conditions (<30)
In theory, next months should see more shops in operation than Q2'20, but revenues anyway will be lower compared to Q3'19
Q2'20 report indicated positive margins (EBIT and EBITDA) which can be viewed by optimists as a bullish sign
Uncertainty in Belarus could be a risk factor for production factory located in turbulent state.
50 SMA at 1.63 and 200 SMA (level that historically has shown good benchmark which eventually is reached) at 1.89 eur/share
Too early point for logical analysis, but if one wants to beat the market, this could be the right entry moment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.