Consistent Compounder - HH/HL Pattern
TCPL Packaging has been increasing EPS consistently for 7 quarters now, and the share price has shown a steady Higher High/Higher Low pattern.
With Increasing revenue, there has been margin expansion as well - Killer combination.
Price has taken support at 50 day EMA before as well, and Relative strength seems good.
It will be interesting to see if the share can give another 60-70% leg up from recent low to 2000 levels - Upcoming Quarter results will be a good indication.
Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing.
With Increasing revenue, there has been margin expansion as well - Killer combination.
Price has taken support at 50 day EMA before as well, and Relative strength seems good.
It will be interesting to see if the share can give another 60-70% leg up from recent low to 2000 levels - Upcoming Quarter results will be a good indication.
Note : This is not an investment advice. This post is meant for educational purpose only. Kindly do your own due diligence before investing.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.