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!!
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.