Dino Polska S.A. is a Polish retail company that operates grocery stores throughout Poland. The retail chain was founded in 1999 by Tomasz Biernacki. Dino supermarkets are generally located in medium and small-sized towns as well as on the peripheries of larger cities. Strong price action, with breakout potential.
I believe Dino Polska is one of the best run companies in the world. Between organic growth, low debt, and many other factors which I do not have time to discuss, I choose it over COST/BJs etc. I buy this stock OTC on Fidelity, I do not mind that it is illiquid at this time. Today a competitor had fairly bad earnings which crashed the sector in the Polish markets....
DNOPY is a long-term stock I added on the dotted ray marked. I was able to get the stock at a discount relative to all-time-highs. Many small/medium cap OTC stocks you end up buying at 52 week highs because they are true compounders. I did actually sell my BJ holdings to focus on this investment for that category. I love their business model of organic growth....
DNOPY is my newest OTC long-term stocks. The company has a great organic expansion plan for their grocery stores in Poland. They only expand when a store has around 5000 individual customers, this allows them to avoid taking on huge debt by expanding appropriately instead of aggressively. They have strong financials in general and a logical management team. I...
Dino is in a raising channel, I would suggest selling now. very much oversold on RSI. I am predicting a good long on the base of resistance, which matches the base of overbalance. It seems it shot up after Dino landed on top 10 retailer in Europe. All of a sudden appeared on radars of big investors.
I wonder if DINO will go down. There was a panic selling on last friday so I expect the continuation in this week. This is not a recommendation just only my idea which I wanted to test.
From the chart, I see head and shoulders and also second part of correction wave. Projected price around 200 PLN
long term tptrend short term consolidation break out from consolidation should bring upside to 320
With neck line arund 195 PLN. MACD started look bearisch.
Situation is unclear for now. Even though price spiked in last two sessions, it may be still a false flag ... Personally I would expect drop to blue rectangle before major extention of inclines.