Servcorp Limited SSRV has demonstrated strong financial health with a rising RSI and a significant breakout on the weekly chart. After a period of consolidation following the main breakout, the stock has formed a second breakpoint, indicating further upside potential.
Fundamentals:
Valuation Multiples: Trading at a low EBITDA and revenue valuation multiple
Dividend History: Maintained dividend payments for 25 consecutive years
Profitability: Profitable over the last twelve months
Balance Sheet: Holds short-term obligations that exceed liquid assets
Return: High return over the last year
Analyst Predictions: Expected to be profitable this year
Technical:
Rising RSI: Indicates strengthening momentum
Strong Weekly Breakout: A significant bullish signal
Second Breakpoint: After a mini consolidation following the main breakout, the stock is well-positioned for a stronger move
Consolidation: Previous consolidation suggests a potentially stronger move this time