VTRS - Potential U-MLH breakout to the CenterlineThe Orange down sloping Fork did it's job very good so far. Even the (yellow) sliding parallels gave us good information how wide the shift is. And we even got some confirmation from the divergence
Now VTRS is nagging at the U-MLH.
Also nice to see how this stock is stair stepping towards the Center line (orange lines).
Is it too late to jump in?
In my trading it's never too late, if I have a good risk/reward.
However, we must be aware that the "Last Sellers Zone" is right in our way. Are the sellers still sitting there?
Let's see if the U-MLH will break out, smack the sellers and rockets to the Center line.
VTRS
VTRS - Looking for value?Sick of overvalued tech stocks that trade at 100 x earnings?
Viatris company is trading at only 4.6 x expected earnings which is screaming - under valued!
Dividend is $0.11 per share
Insiders are buying back the shares.
No brainier to me. Buy and don't look at it. This is a not a stock to "trade".
VTRS healthcare sleeper? Healthcare company that was formed by the combination of Mylan and Pfizer's Upjohn Business and is presenting Thursday 1/14 at JPM health conference . Also announced their inaugural investor day March 1st where we could see a deep dive into the companies value and deliver potential long term value for shareholders... might be a good time load shares on the breakout of this downtrend, options have no liquidity.