MAGN had a nice run since Oct22 advancing +157% since the bottom to recent Sep's top. Is the rally over, or do we have at least one more advance potential? My technical thesis supports the latter. I don't have high confidence in my ElliotWave count on this chart, due to price extensions beyond classical fibonacci levels, but from pure price and volume...
My strtegy is based on price action with the reading of certain indicators that I like whilerespecting all the values that define the stock maket
RUSSIA STOCK The price retest on the Trendline with stong candle (bullish engulfing). We have completed harmonic with wait high probability to advantage next harmonic. For more details contact me. don´t forget like and support.I will be gratful👨💻.
volume grouth up and go back take liquidity and take 50% the rang so we can see another point 78% target
We calculate financial indicators for the 4th quarter of 2021 Revenue — $3163.3 million (3278*965) EBITDA — $1250.2 million (3278*381.4) Profit - $911M (1250-125)*(1-0.19) Change in NCF - $125 decrease based on 12% of revenue (1643-3163.3*0.12*4) FCF — $875.2 mln 92% qoq increase (EBITDA-change in PFC-CAPEX-taxes = 1250.2+125-286-214) Dividend - 5.7 rubles. an...
Against the backdrop of strong fin. indicators of the 3rd quarter Key factors and catalysts Annual forward dividend approximate to 40% in H2 2021 Should significantly increase production up to 30% Cost less than competitors in one sector on P/E and EV/EBITDA multiples Beneficiary of commodity supercycle 2021 Most likely going to be included in the MSCI...
Like the look of this MOEX name as it breaks out to multi-month highs. Possible pullback to the 50-EMA before continuing it's upward trend. Will look update levels on confirmation on trade. For more offshore insights and ideas, get in touch today. Last: 73.20
Hey guys, MAGNITOGORSK IRON & STEEL is in a great historical moment we are going to witness a new high in its history. It is in a bullish push with low buying volume, then high early trading volume to confirm the rise and a hammer candle shape. On the TIMEFRME M1 we see a kind of hammer candle with a purchase volume feedback issued, it goes towards the top for a...