Improving fundamentals! 🧑📚📊📐Hi there, Yurii Domaranskyi here.
Risk vs Reward = 1 to 30.02 ✨
It means if you risk here 100$ you may make 3002$ Not bad, huh?
ITP
+75% opportunity Potential gain: +75%
Reward/Risk:2.5
Timeframe :1-4wks
I always try to present the charts in a simple comprehensive format to prevent any confusion.
This is just my technical view, neither a fundamental comment,nor a recommendation to trade..!
Don't forget to like, comment, and Follow to encourage me to continue this.
You can even send TradingView coins to motivate me publish more ideas..!
Swing entry (CAREFULL!!!)HIgh volatility wing entry, be very carefull.
Low funds play
Strong support, the risk ratio from a support perspective its great but the actual risk on the trade is very high
Now if it breaks support, its a short, dont doubt it
Just a thought...some merger talk....coming from partnership with siemens....early info.
$ITP - Retracement - Bullish MomentumIT Tech Packaging, Inc. is a holding company, which engages in the production and distribution of paper products. It operates through the following segments: Orient Paper HB and Orient Paper Shengde. The Orient Paper HB segment produces printing paper and corrugating medium paper. The Orient Paper Shengde segment produces digital photo paper. The company was founded by Liu Zhen Yong in 1996 and is headquartered in Baoding, China.
SHORT INTEREST
5.17K 09/30/19
P/E Current
-1.36
P/E Ratio (with extraordinary items)
-1.66
Average Recommendation: HOLD
Average Target Price: 5.00
