Federal-Mogul Goetze India - Demand at 200 and Supply at 360
Context - Dropped 65% to 200 in 2022 after 20x Up to 600 in 2019
In June'21 supply emerged at 360
Move up to 330, once demand appeared at 200 in Dec'21
Plan -
to Purchase Breakout above 360
or, rejection indicators below 260
PB 2x; PE 29x; ROCE 9%
In June'21 supply emerged at 360
Move up to 330, once demand appeared at 200 in Dec'21
Plan -
to Purchase Breakout above 360
or, rejection indicators below 260
PB 2x; PE 29x; ROCE 9%
Operación activa:
Federal-Mogul Goetze India
Updated Analysis - Remains with the 260-360 with red candle in last month
Therefore, Plan ahead remains the same
to Purchase Breakout above 360
or, rejection indicators near 260
Updated Analysis - Remains with the 260-360 with red candle in last month
Therefore, Plan ahead remains the same
to Purchase Breakout above 360
or, rejection indicators near 260