Fundamentals:
- ASO has been a strong performant throughout the 2022. We can see that even when the market has been struggling significantly, the stock has not budged, and held in a strong uptrend .
- With a P/E ratio of 7.8 and P/S ratio of 0.7, it is one of the cheaply-valued stocks in the market. Despite the fundamentals of a value-stock, it provides...
Fundamentals:
- in the near term, the market seems to have found a temporary area of consolidation; that gives the trade enough time to develop
- the company is focused on the storage of renewable energy , thus it is a recipient of the US Inflation Reduction Act , which will substantially subsidise renewable energy companies
- Although it may seem like a...
The Overall Market
The current market is extremely tricky, but it is possible to find a rational explanation for every move. I took a closer look at the oil market , which is clearly undergoing gradual demand destruction caused by the recession fears (like the recent economic news from China) Although I understand that the bigger-picture supply situation might...
BTC is forming another flag in a series of bearish flags it has done in the recent months. Even though I am struggling with the fact that we are hovering around a massive support represented by the previous cycle peak, the price action is really weak and any attempt to bounce is immediately sold. On balance volume also provides a very clear divergence where we can...
