OT_Forex

Long NAMPAK (NPK) JSE 1H

JSE:NPK   NAMPAK LTD
NPK is South Africa's leading diversified packaging manufacturer. As of basic knowledge due to lockdown regulations economic growth has been slower across the world. NPK also took a great loss due to this pandemic.

Fundamental positives :
- Gross Profit Margin : 30,34% ( Relatively Strong )
- Current Ratio : 1,36 ( They have enough current assets to manage short term debt )
- Price/Book Ratio : 0,10 ( They are undervalued because the ratio is below 1 )

Technical Analysis :
- NPK has recently started to move in a upward parallel channel
- The support line has a steeper climb than the resistance trendline indicating stronger bullish movement

I would recommend to set Take Profit targets at R2,28

Always use Risk Management when entering a trade .


면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.