LUMN. If someone wants to bet, this is an extremely safe bet
Yesterday LUMN with an explosive 28% rise decisively broke 30months SMA and closed at $14.59, changing its long-term trend to rising.
It should be stressed that the rise was not by a gap but by continuous purchases that led to a volume of 60 M when the average volume of the last 10 days was 6.4 M.
That is, the rise was not for unloading but for buying cheap shares, which indicates that it is extremely likely that the rise will continue.
The stock was, is and will continue for some time to be an investment opportunity because it is deeply undervalued.
Any price retreat must be seen as a huge opportunity to buy. Even after this 28% rise the stocks has 8.78% dividends yield.
Following are presented the mid- and short-term trend charts.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
It should be stressed that the rise was not by a gap but by continuous purchases that led to a volume of 60 M when the average volume of the last 10 days was 6.4 M.
That is, the rise was not for unloading but for buying cheap shares, which indicates that it is extremely likely that the rise will continue.
The stock was, is and will continue for some time to be an investment opportunity because it is deeply undervalued.
Any price retreat must be seen as a huge opportunity to buy. Even after this 28% rise the stocks has 8.78% dividends yield.
Following are presented the mid- and short-term trend charts.
Disclaimer
The author of this text is not an investment advisor. The preceding content is intended to be used for informational and educational purposes only. It is not an advice or inducement for the purchase or sale of the products mentioned. Before making any investment based on your own personal circumstances, it is very important to do your own research and analysis and also take independent financial advice from a professional to verify any information provided here.
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