Hello fellow traders and investors, here's another trade idea.
EXPI has recently pulled back to the support area, if EXPI makes a recovery to the 1st take profit it offers around a 30% ROI and if it makes a recovery to the 2nd take profit it offers an 80% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI indicates that it's oversold
When To Buy:
You could buy in now since it is testing a very strong support and you will have a relatively small stop loss however if you rather be more conservative I recommend you buy when the EMA's crossover.
When To Sell:
I recommend reducing your position at the 1st take profit by around 50% then close the trade at the second take profit.
Fundamentals: EXPI operates as a cloud-based real estate brokerage firm. It focuses on helping businesses and individuals grow. Their P/E is 224, debt/equity of 0.03, sales growth Q/Q of 122%, earnings per share growth of 647% Q/Q, an ROI of 22% and a short float of 7%
Rating: 85/100 since their technicals look good and their fundamentals are absolutely amazing they definitely deserve 85/100.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
EXPI has recently pulled back to the support area, if EXPI makes a recovery to the 1st take profit it offers around a 30% ROI and if it makes a recovery to the 2nd take profit it offers an 80% ROI.
Technicals:
The Macd indicates that it's oversold
The EMA's are in a downtrend
The RSI indicates that it's oversold
When To Buy:
You could buy in now since it is testing a very strong support and you will have a relatively small stop loss however if you rather be more conservative I recommend you buy when the EMA's crossover.
When To Sell:
I recommend reducing your position at the 1st take profit by around 50% then close the trade at the second take profit.
Fundamentals: EXPI operates as a cloud-based real estate brokerage firm. It focuses on helping businesses and individuals grow. Their P/E is 224, debt/equity of 0.03, sales growth Q/Q of 122%, earnings per share growth of 647% Q/Q, an ROI of 22% and a short float of 7%
Rating: 85/100 since their technicals look good and their fundamentals are absolutely amazing they definitely deserve 85/100.
I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, comment your thoughts and share this trade idea.
Thanks.
