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.
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