$Stri targets with the cypher harmonic patternCypher harmonic pattern targets:
AB=0.61 XA
BC=1.41 AB
tp1=0.78 XA=$0.74
tp2=1.27 BC=$0.87
tp3=2 BC=$5.1
other possible targets:
tp1=0.88 BC=$0.34
tp2=1.6 BC=$2
STRI
Long Call Option on Solar EnergyI recently wrote a post on STRI on my investment blog, which you can check out here: rockvuecapital.wordpress.com
The company is trading at ridiculous discounts to various metrics including book value, NCAV, net cash, sales, and it has an EV to EBITDA of 0.92, better than 100% of all companies in its industry.
I like the price point of $0.36 to enter on the long side.
Please let me know your thoughts.
B
