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asdf098
Dec 21, 2021 7:03 PM

SPLK sort of channel bounce (3/5) Long

Description

Conviction: 3/5
channel was broken in 2016, need to pay attention not to break down below recent lows to go to dark blue channel


General Thesis
  • bouncing off of medium-term channel support (since 2015)
  • Weekly RSI at historical turning points


Growth
  • Margins quite low compared to own history
  • growth is around 75th percentile


Value
  • P/S cheap compared to own history
  • P/FCF is negative... should I be concerned?


Fundamentals
  • low debt/asset ratio
  • quick ratio above 1, can to deal with short term debts


Potential Risks
  • expensive market...
  • wrong channel support
More