algocowboy2030

Transdigm short term bull Scenario

Short
NYSE:TDG   Transdigm Group Inc.
Transdigm has established an upward channel after a run which actually resembles a bull flag on higher timeframes. For now, this move will be a short term gainer. If this plays out, it could also possibly invalidate the higher timeframe bull flag and simple be moving up a bullish channel.

Transdigm has had a pattern last 2 years of a midterm fall between Q3 and the following Q1, but prior to this last 2 years, we haven't seen this pattern. Also, their fiscal year ended a few days ago and it seems things are going very well.

This company has exceeded profit expectations consistently for years. They focus on aftermarket product manufacture which as higher margins and tend to outperform OEM products during industry downturns. They are the only supplier of more than 75% of products they sell, which allows them to control their margins. This can be reflected in their acquisition model as they acquired Kirkhill and Extant in March, 2018.


***Any information represented here is my opinion only and not intended to be used for financial gain. None of the information posted here is to be considered financial advice. Information posted here is strictly for entertainment purposes only. Please consult your financial professional before making any kind of investment. Investments can be very risky and any investor should educate themselves before investing by enlisting the help of a licensed financial professional. Past results are not indicative of future results in any construable way.***

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