SIS: A Sector Poised for Gains in the Future - Not a Buy Yet!
SIS is Canadian company that focuses on any type of mobility device ranging from elevators to any sort of assistance an injured or disabled or elderly person may need - ranging from vans, platforms, and so forth.
A very interesting sector for the future as the population ages, however technically, the chart is fairly ugly.
More often than not after forming a bottom (often from a major series of highs), stocks fail the break-out the first time over 95% of the time but usually succeed the second time IF the financials and momentum are sufficient. I believe the stock has both a growing balance sheet/EPS/fundamentals and the momentum to break-out the second time around.
The company is certainly growing and has an attractive monthly dividend in place. However, I am expecting the stock to drop down to the $10.75-12.00 range over the course of the next 2.5-3 months.
This is certainly a sector you want to be part of in the future!
- zSplit
A very interesting sector for the future as the population ages, however technically, the chart is fairly ugly.
More often than not after forming a bottom (often from a major series of highs), stocks fail the break-out the first time over 95% of the time but usually succeed the second time IF the financials and momentum are sufficient. I believe the stock has both a growing balance sheet/EPS/fundamentals and the momentum to break-out the second time around.
The company is certainly growing and has an attractive monthly dividend in place. However, I am expecting the stock to drop down to the $10.75-12.00 range over the course of the next 2.5-3 months.
This is certainly a sector you want to be part of in the future!
- zSplit