InfinityCapital

Buy Timken above 976

Long
InfinityCapital Mis à jour   
NSE:TIMKEN   TIMKEN INDIA
I will be buying timken above 976

Technical: stock quickly recovered from recent COVID-19 crash lows. the price has been contracting, last few days price action looks constructive.

Fundamental:
This stock shows good sales and profit growth.

5 years of sales growth - 18.3%
5 years of profit growth - 26.7%
Margins at a record high of 22%, although this doesn't look sustainable
TTM earnings up 65%
Transaction en cours:
up 5%. breaking out on good volume in the first hour. let's see if the price sustains
Trade fermée manuellement:
sold at 995. price reversed hard from all times highs, will look for a strong base build and take a position in the future

Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini
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