Fundamental
- Numbers look good, yearly growth 7%
- Earnings growth of 3.5%
- Earnings outlook with growth of 33% next year. (25% coming 5Y)
- Forward PE of 11.
Techincial
- Lays on a strong bottom. tested resistance but didn't break, which makes it a good price
with a potential high risk/reward of 10 if stop placed under the last low with 1 20D STD below.
Strategic
- If you can grow a business in this field you do something good.
- I have no understanding of the business model behind these specific earnings but knowing its tech, an existing market, and a service that matches a lot of demand by millennials who can
find this app and make it a profitable enterprise makes this a good opportunity.
The business models that I know from this sector are very profitable, scalable and killing it in general if set up correctly.