GABRIEL is testing a long daily base BO and it feels like tightening right now around the pivot level.
RS score has not improved much in the last 4 weeks, it has moved from 63 to 69 (750 stock universe considered)
Solid EPS growth of 45% can been seen when comparing Mar-23 vs Mar-24 numbers.
Considering there is a push from fundamental end, this pivot point supply might get absorbed. Let's see how this plays out :)
RS score has not improved much in the last 4 weeks, it has moved from 63 to 69 (750 stock universe considered)
Solid EPS growth of 45% can been seen when comparing Mar-23 vs Mar-24 numbers.
Considering there is a push from fundamental end, this pivot point supply might get absorbed. Let's see how this plays out :)
Kommentera:
Good move. Looks like having a good fundamental push of >20% earnings growth and pivot point volume absorption works out. Will be looking into more names which follow this.