What do you think?
Interesting fundamentals. P/BV - 0,7 P/E - 33,03. Healthy cash flows, profit. Strategical investments look good considering COVID-19. Fundamental risk to profit is price increase of natural gas. Interesting technical formations and targets. Alternative scenario (pink) assumes that current growth only targets to create B from ABC correction.
Here is a chart of quarterly PCE growth, which gives another useful 'recession watch' indicator. It is currently at a critical level and worth keeping a close eye on. Commentary from "The Recession Playbook" from Morgan Stanley: "With growth in real personal consumption expenditures (PCE) below 2.5% sending a reasonably consistent recession signal. Each of the...