Sometimes you have to see the big picture, the macro trend, to understand the stock movement. #TASI4040 as an example: - Higher lows and lower highs since 2007 - accelerating time in the low phases - buying with volume + improved profits - public transportation sector is growing with government and private incentives.
The stock only require patience. Analysis hint to a highly likely scenario of +30% within 12 months. and even more after that. All contingent on momentum and market trend.
_________ Disclosure: this is not a recommendation for investment. This is purely a journal for me and my own learning.
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.