MPMX trade ideas
MPMX Swing TradePotential Entry "Flag Pattern"
Dollar Cost Averaging Technique "BUY ON PULLBACK"
B1 1055
B2 1010
SL 990
TP1 1230
TP2 1310
TP3 1405
Positive :
Good earning in 2021 and 15% growth expected in 2022
High dividend yield
Reasonable DER
BIG CASH
Negative:
High Risk for entry too high.
Foreign Start Selling
MPMX Regular Bullish divergence, but strugling to break above 23 FIb Retracement. IT would be nice if it can go above that.
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
MPMX Current Price at about 15% Div YieldFor MPMX looks good in fundamental as it has lower PBV around 0.34. Current price (575) has potential 15% Div Yield comparing current year DPS at 90 per share.
There is 450 price level if possible the price re-test it, will generate 20% div yield for next year.