Accumulation of A2m between the 0.61 and 0.786 retracement from the 2016 low of $1.33
and the 2020 high of $20. 01 .
This will align with the long term trend line from its early
years.
I calculated an intrinsic value between $8-$16
using various ROIC figures, ROE, Future PE ratio,
expected MARR of 15%
ROE- 22% (has actually been between 30-46%
I devalued the return because of the current headwinds
with the chinese export routes.
and the 2020 high of $20. 01 .
This will align with the long term trend line from its early
years.
I calculated an intrinsic value between $8-$16
using various ROIC figures, ROE, Future PE ratio,
expected MARR of 15%
ROE- 22% (has actually been between 30-46%
I devalued the return because of the current headwinds
with the chinese export routes.
Note
Note
Here is the low fib pointNote
Reviewed Fib levels. Seems to be quite accurate.
will await the $5.36 level
Note
tradingview.com/chart/P6M9UN3h/- 0.61%
- double bottom
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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.