Looking for an entry LONG

2023년 11월 29일

the price has jumped over 38% since OCT, on this weekly timeframe we can see volume is decreasing however price action Sustaining its current value and if you were to compare previous points of time the price was around this range it had a significant move to the upside or downside. In this case however, its the upside and thats from my point of view.
volume wins, id like to enterlong with a good volume of shares if the price were to fall between 6.50-7.50. I think there is about a 10% upside in the short term.

management has been aggresively buying back shares and holds a high shareholder yield and net income is expected to grow this year
current valuation implies a strong free cash flow yield
con: trading at a high earnings multiple
trading at a low revenue valuation multiple
profitable over the last year

fundamentals are matching the technicals and its about time to enter Long