Japan1 is trading at a 33-year high, despite a challenging global macro backdrop. At 15x forward Price to Earnings (P/E) ratio, Japan has been trading at a valuation discount versus global peers, for a considerable period of time. We are finally starting to see a number of catalysts help narrow the wide valuation gap versus global peers – an improvement in...
1) I believe that the bullish wedge pattern (June-August) is still valid with the price target of 88.
2) Island Pattern, which is reversal and bullish.
3) Price to book ratio: 0.32
4) Insiders are buying the stock at these levels.
1st target: 88
2nd target: 104.85 (gap)
1) Parabolic downtrend curves usually ends with a sharp rebound.
2) Price to book ratio (1.11) is at the lowest level of at least 12 years.
3) Gap at 39
4) 39 is the long-term (since 2018) horizental support/resistance level.
Price target = 39
Hi! $CRWD displays a fantastic symmetrical H&S top formation. This is accompanied by a bear pennant formation forming at the neck line breakdown area of $169. The entire formation is bearish. Nothing about this stock appears friendly. PE is 167 and trading at 43X price to book, (which is very expensive).
Short on Tesla so long as we stay below the yellow trend line not sure if it is ready to continue upwards without another retest at 1000 and perhaps a break here could lead back down to 900.
Tesla is a mixed bag. Increasing EBIDTA looks good. Decreasing debt looks good. Debt to Equity ratio decreasing. Solid company.
But the P/B and P/E ratios are high indicating...
Alibaba oversold - RSI is low, historically this has preceded growth.
P/E and P/B are low compared to other industry players and historically. Stochastic RSI was also down so tomorrow may be good for a buy.
Debt to equity ratio decreasing. despite a bit of increased dept from a few Quarters ago.
Let's see what the next few days bring, likely will open a buy...
