Let' us analyze the pre-pandemic company results:
We can see a strong trendline was formed from the beginning of 2019.
From the middle of 2018 the company was doing good: the average earnings per share was 0.8, and was holding for 2 years
The average price was ~72 on that trendline.
The after-pandemic results are 2-2.5 which is 2-3 times more!
1. We...
Year over year the dips are deeper and deeper 🌊
You can see how it was increasing linearly from 2018.
OTOH the overmaximum was increasing exponentially❗
📊In general the price moves in the divergent triangle, which symbolizes the increasing volatility.
And this volatility grows dramatically🔻🔻🔻
This time the correction was small, and we've reupdated maximum...
