Easy to analyse this bank: undervalued and oversold.
It's trading range has been between 4,01 and 4,40$ and at this level, i am in.
It has suffered a lot from market underperformance of the last 3 weeks and a rebound is more than obvious.
They are starting to diversify their lines of revenues and profitability is not that far away.
So i am in at this current level and exit price around 4,25$.
As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock
Get THE PLAY OR THE DAY on Twitter: @investman2
It's trading range has been between 4,01 and 4,40$ and at this level, i am in.
It has suffered a lot from market underperformance of the last 3 weeks and a rebound is more than obvious.
They are starting to diversify their lines of revenues and profitability is not that far away.
So i am in at this current level and exit price around 4,25$.
As usual do not invest more than you can afford to lose and always do your own due diligence before investing in any stock
Get THE PLAY OR THE DAY on Twitter: @investman2
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