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denmaz6710
Mar 24, 2021 3:51 AM

Trading ideas - UNTR may develop H&S chart pattern 

UNITED TRACTORSIDX

Description

Covid-19 effect still long way to go for real sector, mining business, where UNTR is one of the kind company. The requirement for heavy equipment may increase along the way with vaccination progress, however the coal price also impacting the appetite or coal demand in the near future. Taken into consideration also the renewable energy development which more environment friendly.
SO on the short to medium term, this business model still growing, however the company have to diverse their business model to turn around. (Disclaimer ON)
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