Kenon passed the zscore test in the utilities sector, This sector seems to be robust against the rise in interest rates, it is priced at the same P/E as the S&P, but is well below the valuation of other sectors. This sector is also armored against shocks from the international scenario as its sales depend mostly from local sources of income.
Goals 51, 49, 46. Invalidation at 61.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
