OneConnect Announces Share Repurchase Program!!!OCFT: OneConnect Financial Technology Co., Ltd.
2022-02-24 03:00:00
OneConnect Announces Share Repurchase Program
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About OneConnect Financial Technology Co., Ltd
Sector
Technology Services
Industry
Packaged Software
CEO
Chongfeng Shen
Website
ocft.com
Headquarters
Shenzhen
Employees
2.832K
Founded
2015
ISIN
US68248T2042
OneConnect Financial Technology Co. Ltd. engages in providing cloud-native technology solutions to financial institutions in China. Its solutions provide technology applications and technology-enabled business services to financial institutions. It operates through the Technology Solution and Virtual Bank Business segments. The Technology Solution segment includes implementation revenue and transaction-based and support services revenue. The Virtual Bank Business segment represents interest income from the lending business of its virtual bank and fees and commission from the firm’s banking operations. The company was founded in December 2015 and is headquartered in Shenzhen, China.
Personal note OCFT attractive at $9.00Analyst ratings 20-22
Presently very bearish.
Attractive with significant support over 10 years at the 9.8-ish mark
OCFT#OCFT, paper for over a year, but showing impressive growth and good technique. At the moment, a large triangle of six-month duration has been formed, and the price surge is expected upward. There are 4 growth targets in this trade - 23.33, 25.27, 27.10 and 31.69, for a total of 41%. Standard check,
Time and tide waits for no manOpportunities come and go.
One needs confidence and boldness in executing a long or short order based on whatever information he can gather at that point in time.
The important question to ask would be : What if I am wrong ? How much risk (financially) am I prepared to stake out to receive a poten
OCFT - Freehand DrawHighly doubt my freehand will be accurate, but if there are any similarities, I will play a swingtrade.
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
