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LD_Perspectives
Dec 7, 2020 4:38 AM

MEI 

描述

Mediclinic International (MEI) | The name has under-performed since it's recent peak on 12 October however my ultra short term view is that it could be oversold and attempting to find a base as evidenced by the slowdown in downward momentum while the the lower wicks from 25 November onward suggest some (small) buying activity. I don't know if this is the exact short term bottom however here's a potential scenario: the price opens lower then regains Friday's low to develop a reversal candle. I'll be watching it closely so no buying levels as yet.

This chart forms part of a larger research note.
评论
gouvias110
Agreed, this stock is massively oversold in November... about 30%. The last results in November indicate a 80%+ drop in earning, due to people delaying elective surgeries. My view is that this will reverse early next year, and earnings could actually double.... I call it Covid-19 Babies.
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