FollowerIoT

long strategy, bullish pattern

NYSE:PBI   Pitney Bowes Inc.
1-3 years long strategy, bullish pattern! Formation of the 2nd bottom on the daily timeframe. The company has been in a bearish decline for the past 6 years! The company has been showing excellent results for the last 2 quarters! Reduces losses, also develops software for COVID-19! The last 10 years have been regularly paying dividends, it attracts. The company has been on the market for 100 years, has gone through various crises and the 1930 recession! The current crisis is next for her, but the company has the potential for growth, more and more people in the world are interested in this company! On the chart, you can see a bullish reversal on the daily timeframe, while on the lower one, but for me this is a signal for action! The company will survive this crisis too, its employees can work and write software while at home, which does not threaten the company with the loss of jobs! It is possible to cut wages during a pandemic, thereby the company will reduce its debt burden! 1-3 years long strategy, bullish pattern
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