Transdigm short term bull ScenarioTransdigm has established an upward channel after a run which actually resembles a bull flag on higher timeframes. For now, this move will be a short term gainer. If this plays out, it could also possibly invalidate the higher timeframe bull flag and simple be moving up a bullish channel.
Transdigm has had a pattern last 2 years of a midterm fall between Q3 and the following Q1, but prior to this last 2 years, we haven't seen this pattern. Also, their fiscal year ended a few days ago and it seems things are going very well.
This company has exceeded profit expectations consistently for years. They focus on aftermarket product manufacture which as higher margins and tend to outperform OEM products during industry downturns. They are the only supplier of more than 75% of products they sell, which allows them to control their margins. This can be reflected in their acquisition model as they acquired Kirkhill and Extant in March, 2018.
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