- Corruption allegations and incidents like assassination have severely damaged the company. However, insider buying activity and a dramatic drop in valuation multiples create an exceptional opportunity.
- The absence of issues in profitability or operational performance further reinforces this rare opportunity.
- Negative analyst revisions have introduced political pressure on the company, which may persist.
- Yet, those who invest when others are fearful often come out ahead.
- The stock should be considered for swing trading. The price target aligns with two overlapping levels: the 61.8% retracement of the A-B-C correction wave, and the 261.8% projection of a post-correction 1-2-3-4-5 impulse wave (assuming wave 1 peak is fixed and wave 2 bottom is at the 61.8% level).
- The absence of issues in profitability or operational performance further reinforces this rare opportunity.
- Negative analyst revisions have introduced political pressure on the company, which may persist.
- Yet, those who invest when others are fearful often come out ahead.
- The stock should be considered for swing trading. The price target aligns with two overlapping levels: the 61.8% retracement of the A-B-C correction wave, and the 261.8% projection of a post-correction 1-2-3-4-5 impulse wave (assuming wave 1 peak is fixed and wave 2 bottom is at the 61.8% level).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.