After a long downtrend , which was formed by the head and shoulders , you can see the light at the end of the tunnel in the form of a flag . The flag was safely broken. The next stop for sale is formed by the measured price movement.
P/E of around 5 and dividend yield at 2%, $8.21b Mcap and revenue of $25.7b. Total cash $3.13b or 4.4 bucks per stock, 15% dividend payout, P/B 0.56. Great, modern product in high demand. Read that few times, double-checked it and decided it is a great addition to the portfolio. Now, the recent news, it was supposed to take-over Samsung's deal for construction...
This is my plan on LPL Nice Weekly support level, with a morning star standing out as great as the Gods! It would be rude not to buy at this level. This should take about 6 months to play out, I will be playing this with Call Options.
If you buy stocks it is best in August. Now shopping - is catching knives!
It's been a while since I've published an idea, but that hasn't worried me. I'm not in the game of trading just to trade. I'm in the game of making as much money as possible. If a move isn't attractive to me, I won't bother making it just for the sake of trading. Most of my recent research has been in foreign markets such as Russia, South Korea, and Vietnam, and a...
Y impulse to come. With larger degree this can be much more complex than this, since it is possible it also traded peak with 3 waves instead 5 waves. 50 % and 61.8 retracement from high should be safe. Note positive divergences - they have been building since July 2013.