See link below for prior analysis.
Pick N Pay released arguably one of its worst 26 week trading results today and the market was not happy.
The rehired CEO stating that it may take two years to turn things around shows just how gloomy things are at the company.
Technically, there hasn't been any signs to be enthusiastic even before the announcement of the return of the CEO.
If anything, downside momentum looks stronger with price having broken below the lower trendline of the channel.
How much lower can the stock go is anyone's guess but the trend is clearly still bearish.
Pick N Pay released arguably one of its worst 26 week trading results today and the market was not happy.
The rehired CEO stating that it may take two years to turn things around shows just how gloomy things are at the company.
Technically, there hasn't been any signs to be enthusiastic even before the announcement of the return of the CEO.
If anything, downside momentum looks stronger with price having broken below the lower trendline of the channel.
How much lower can the stock go is anyone's guess but the trend is clearly still bearish.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.