RizeSenpai

Overhyped Defense Stock Trading at over 670x EPS

Kort
NASDAQ:MRCY   Mercury Systems Inc
We have another Overhyped Defense Stock trading well above EPS ; This time trading well over 600 times earnings while the price is breaking below trend. It could be argued that we have an Inverted Cup with Handle at the Highs and if 46 Breaks we could quickly come down to $18 a Share but due to how high the PE is i wouldn't even be against targeting the 1.618 Extension all the way down at 72 Cents.

Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.