Apollo Micro Systems Ltd.
Technically price is moving inside a descending channel forming WXY corrective pattern as wave 4.
As per conventional TA, death cross has formed on 5th August. Further downside is expected.
Fundamentally it is overvalued, so it is underperforming since November 2023.
During last 3 years, the company has been spending aggressively on equipments to cater the increasing demand.
Company is able to maintain healthy profit margin.
Good to accumulate around 70-80 level for the following targets:
Medium term target @ 240 (210% ROI)
Long term target @ 380 (390% ROI)
Do your own due diligence before taking any action.
Peace!!
Technically price is moving inside a descending channel forming WXY corrective pattern as wave 4.
As per conventional TA, death cross has formed on 5th August. Further downside is expected.
Fundamentally it is overvalued, so it is underperforming since November 2023.
During last 3 years, the company has been spending aggressively on equipments to cater the increasing demand.
Company is able to maintain healthy profit margin.
Good to accumulate around 70-80 level for the following targets:
Medium term target @ 240 (210% ROI)
Long term target @ 380 (390% ROI)
Do your own due diligence before taking any action.
Peace!!
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.