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Overhyped Defense Stock Trading at over 670x EPS

Short
Mercury Systems Inc (NASDAQ:MRCY)  
RizeSenpai  
NASDAQ:MRCY   Mercury Systems Inc
Trend Analysis Wave Analysis Fundamental Analysis military defense highpe Inverted Cup and Handle Trend Line Break multiplecompression
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trendanalysis waveanalysis fundamental military defense highpe invertedcupandhandle trendlinebreak multiplecompression
We have another Overhyped Defense Stock trading well above EPS ; This time trading well over 600 times earnings while the price is breaking below trend. It could be argued that we have an Inverted Cup with Handle at the Highs and if 46 Breaks we could quickly come down to $18 a Share but due to how high the PE is i wouldn't even be against targeting the 1.618 Extension all the way down at 72 Cents.

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