Stock correction.

17 thg 6

Looking at the recent dividend results the company's dividend yield experienced a minor drop from 2.77% to 2.76 and while the company's P/E ratio increased ( from 18.89 - 20.60) which is not a good sign from an investment perspective and looking at the trend and Elliot wave count which completed at the beginning of the year and Bat harmonic pattern completion at beginning of 2024/2025 financial year, this could be sign of a minor correction waiting to happen.

19 thg 6

Ghi chú

if it were to correct for the short and mid-term, using Fibonacci could be reset and correct around 1,506 per share

2 thg 7

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