We like the $TPE ETF
I’m changing the process for picking tickers to make it more affordable while avoiding risky penny lots. Comment your favourite TSX tickers under $150 & NYSE or NAS under $100.
Key Stats:
• AUM: ~1.84B
• Dividend yield: 2.24%
Technical Reasons for Upside:
1. Resistance Breakout: TPE recently smashed through a key resistance zone around, signaling that bullish momentum is in play.
2. Moving Average Crossover: The 50-day moving average is comfortably rising above the 200-day average, a classic indicator that the trend is shifting upward.
3. Volume Surge: There’s been a noticeable uptick in volume, suggesting that institutional players and smart money are piling in.
Fundamental Reasons for Upside:
1. Solid Revenue Growth: With revenue growing at roughly 15% YoY, TPE’s top line is showing steady improvement, supporting a higher valuation.
2. Improving Operational Efficiency: Enhanced margins and tighter cost controls indicate that the company is executing well amidst market challenges.
3. Analyst Optimism: Recent upgrades and positive forward guidance from key analysts add confidence to the bullish thesis.
Potential Paths to Profit:
1. Option 1 (Low-Risk): Buy shares of TPE at current levels and hold until the price reaches the target.
Please LIKE, FOLLOW, SHARE, and COMMENT if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
Key Stats:
• AUM: ~1.84B
• Dividend yield: 2.24%
Technical Reasons for Upside:
1. Resistance Breakout: TPE recently smashed through a key resistance zone around, signaling that bullish momentum is in play.
2. Moving Average Crossover: The 50-day moving average is comfortably rising above the 200-day average, a classic indicator that the trend is shifting upward.
3. Volume Surge: There’s been a noticeable uptick in volume, suggesting that institutional players and smart money are piling in.
Fundamental Reasons for Upside:
1. Solid Revenue Growth: With revenue growing at roughly 15% YoY, TPE’s top line is showing steady improvement, supporting a higher valuation.
2. Improving Operational Efficiency: Enhanced margins and tighter cost controls indicate that the company is executing well amidst market challenges.
3. Analyst Optimism: Recent upgrades and positive forward guidance from key analysts add confidence to the bullish thesis.
Potential Paths to Profit:
1. Option 1 (Low-Risk): Buy shares of TPE at current levels and hold until the price reaches the target.
Please LIKE, FOLLOW, SHARE, and COMMENT if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep this signal relevant, keep the content free, and allow the idea to reach as many people as possible.
Disclaimer: We are not a brokerage or investment firm. We do not offer financial advice or investment advice and/or signals. This is not certified financial education. We offer access to the daily thought process of an individual and his experiences. We do not offer refunds. All sales are final.
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.
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.