CW52/2019 Financial Analysis - Your Weekly Stocks Review
Hello Steemian friends,
Today we're reviewing some stocks, checking if they are worth investing in.
- First one we'll review is BTU.
As you can see, BTU has been in a descending channel for 8 months now.
On a short-term period, 1-month, we're on a double-bottom pattern.
Technically speaking the stock is healthy.
A bounce to $10.3 is most likely to happen (from $9,43).
This would get you a solid +10%.
Second one we'll review is IRBT.
We're at the end of a downtrend.
IRBT builds a lot of robots for the army, which could be a real potential in those times of troubles we're having in Syria etc...
This one is more of a mid-term/long-term.
You should consider keeping it for a few months, instead of only a few weeks. All technical tools tend to say something good is to expect.The third one we'll check is BAK.
BAK is from an emerging country.
Once again, we see that the value just got out of a descending channel.
Technically speaking SMAs are reversing.
The bull-run could start.
Expectations on this one are high.
Likes, follows and comments are highly appreciated !
Feel free to discuss further our analysis.