Long
Active Power (ACPW) In Continuation Pattern
Active Power (ACPW) has had heavy insider buying over the last few months. Insider holdings have increased by more than +110% over the last 6 months.
Active Power has struggled over the last few years with falling revenue. They have negative EPS and so they have no P/E. Still, the P/S is 1.09 which suggests the stock is undervalued in relation to the amount of sales the company is doing.
Even though EPS is negative, the EPS forecast is rising. Just this week, the EPS forecast was raised from -$0.11 to -$0.09.
The stock chart of Active Power shows a downtrend that has reversed and is heading higher against an uptrend support line. This is a continuation pattern and the bet is that the stock will continue bouncing off this trend line.
Source: guerillastocktrading.com/stocks/active-power-stock-has-massive-insider-buying/
Active Power has struggled over the last few years with falling revenue. They have negative EPS and so they have no P/E. Still, the P/S is 1.09 which suggests the stock is undervalued in relation to the amount of sales the company is doing.
Even though EPS is negative, the EPS forecast is rising. Just this week, the EPS forecast was raised from -$0.11 to -$0.09.
The stock chart of Active Power shows a downtrend that has reversed and is heading higher against an uptrend support line. This is a continuation pattern and the bet is that the stock will continue bouncing off this trend line.
Source: guerillastocktrading.com/stocks/active-power-stock-has-massive-insider-buying/
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.