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shaleenbansal
2022년 2월 4일 오전 7시 52분

Long Term Positional opportunity 

IOL CHEMICALS&PHARNSE

설명

Price is nearing the bottom of the channel.
I am accumulating the stock at this level. I am expecting a smooth move to middle of the channel from this end.
That will result in 50-70% upside on the stock.
IOLCP is currently a value stock with P/E below 10 and ROCE exceeding 50%.
Debt ratios are almost negligent.
Hence, even if my bet does not play out, I am not holding a low quality stock. Fundamental seem to be sound and technical analysis suggest upside as well.
My personal analysis for you to gain some insights. Do your own analysis for investing and trading.
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