I like X longer term, on a value basis...Net incomes are now positive, debt is down over the past couple of years (and now looks manageable).
Shorter term looks like a bear trap, unless a China miracle happens, bumping up against the longer term down trend. If it powers through (thank you value investors with a PE ~4), if it pulls back we're watching for a volume based bottom to buy some more for the long term.
Shorter term looks like a bear trap, unless a China miracle happens, bumping up against the longer term down trend. If it powers through (thank you value investors with a PE ~4), if it pulls back we're watching for a volume based bottom to buy some more for the long term.
Note
Note
Probably time to turn this one up and around
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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.