PGEFrom 16th of Nov till today it looks like 3-4 wave correction, now another rally up to 7-7.1 PLN to go.
Marathon of PCE to all time highInteresting fundamentals. P/BV - 0,7 P/E - 33,03. Healthy cash flows, profit. Strategical investments look good considering COVID-19. Fundamental risk to profit is price increase of natural gas.
Interesting technical formations and targets.
Alternative scenario (pink) assumes that current growth only targets to create B from ABC correction.
