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Most recents (2)
1. The Double Bottom:
A trend reversal pattern.
Two lows of similar levels are formed.
ENTRY:
BO of the Neckline shows trend reversal by forming a Higher swing high which is also the entry point.
SL: LOD or swing low at a lower TF
TARGET:
Height of the NL to B1
Eg: #GRANULES
A trend reversal pattern.
Two lows of similar levels are formed.
ENTRY:
BO of the Neckline shows trend reversal by forming a Higher swing high which is also the entry point.
SL: LOD or swing low at a lower TF
TARGET:
Height of the NL to B1
Eg: #GRANULES
2. The Volatility contraction pattern, VCP by Mark Minervini
After a prior uptrend, a stock digests its gains, and profit taking happens. It then bases and gets ready for the next uptrend. VCP is a characteristic of a constructive base. It has the following characteristics:
1/n
After a prior uptrend, a stock digests its gains, and profit taking happens. It then bases and gets ready for the next uptrend. VCP is a characteristic of a constructive base. It has the following characteristics:
1/n
#Schaeffler valuation
2018 quarterly sales (1100/ QTR)
2020 Corona quarter (430/ QTR)
Current quarter (1100/ QTR)
Sales, profit margin, EPS, all have recovered to previous glory. CMP's languishing because the crowd is busy chasing momentum in Pharma. Potential turnaround story.
2018 quarterly sales (1100/ QTR)
2020 Corona quarter (430/ QTR)
Current quarter (1100/ QTR)
Sales, profit margin, EPS, all have recovered to previous glory. CMP's languishing because the crowd is busy chasing momentum in Pharma. Potential turnaround story.
DCF valuation.
2030 projected EPS at 14.6% discount rate= 960rs/share
2030 CMP= 960 x median PE(20): 19,200
2030 projected EPS at 14.6% discount rate= 960rs/share
2030 CMP= 960 x median PE(20): 19,200
Potential risks: Revenues (B2B) come from industrials & automobile sector. Both are cyclical in nature and rely on other cyclical factors like steel prices and interest rates.
All alpha comes from buying at the bottom & riding till tailwinds last. Keep <3% exposure in portfolio.
All alpha comes from buying at the bottom & riding till tailwinds last. Keep <3% exposure in portfolio.
