Conviction: 3/5
Risks
- in upward channel, near bottom
- Recently retested MT downtrend resistance-turned-support (2009, 2006)
- Cheap relative to market but low growth and low margin
Risks
- RSI-W not quite at oversold levels, this means we could continue to hug the trendline down towards support of parallel channel
- negative FCF
- About average (possibly peaking) P/S ratio relative to own history...
- low growth and low margin
