Short
Switch | SWCH | Short (High P/E)

Switch $NYSE:SWCH:
Valuation:
Price/Earnings: 576.09x
Price/Sales: 10.99x
Price/Book: 19.69x
Price/Cash Flow: 52.83x
Based on some of the numbers alone, Switch may not sustain its price above the gap ($20.28 to $22.96) in the coming months as inflation rises. If it breaks resistance and goes on a run to create a new high, thesis is broken.
Valuation:
Price/Earnings: 576.09x
Price/Sales: 10.99x
Price/Book: 19.69x
Price/Cash Flow: 52.83x
Based on some of the numbers alone, Switch may not sustain its price above the gap ($20.28 to $22.96) in the coming months as inflation rises. If it breaks resistance and goes on a run to create a new high, thesis is broken.
Trade closed: stop reached
❌ Broke through original resistanceDisclaimer
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.
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.