Hello fellows,
Frankly, I borowed this idea from another platform but I found it's interesting, so I added some technical levels for DCA and exits.
The stock were slammered by supply chain problems. Fortinutely, they do not have problems with demand of their products and services.
Green lines are DCA levels.
Red lines are good (in my opinion) levels for exit.
The red dashed line is a level for stop loss.
This is a value idea, so estimated time in a position - 2 years.
Good luck!
Frankly, I borowed this idea from another platform but I found it's interesting, so I added some technical levels for DCA and exits.
The stock were slammered by supply chain problems. Fortinutely, they do not have problems with demand of their products and services.
Green lines are DCA levels.
Red lines are good (in my opinion) levels for exit.
The red dashed line is a level for stop loss.
This is a value idea, so estimated time in a position - 2 years.
Good luck!