Geely Automobile is showing promising signs of continued strength over the short and medium term. The stock currently sits above the 20-day and 50-day EMAs, along with a recent bullish crossover, further indicating solid upward momentum. As such, investors can remain confident that the technical indicators will continue to drive Geely’s upward trajectory.
Net profit is expected to grow at a CAGR of 5% for the next 3 years with net margins of between 4%-6%.
Source: Rakuten Research - 5 Sept 2024
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TECHNICAL ANALYSIS - Geely Automobile Is Showing Promising Signs of Continued Strength Over the Short and Medium Term. The Stock Currently Sits Above the 20-day and 50-day EMAs, Along With a Recent Bullish Crossover, Further Indicating Solid Upward Momentum. As Such, Investors Can Remain Confident That the Technical Indicators Will Continue to Drive Geely’s Upward Trajectory.
TECHNICAL ANALYSIS - Geely Automobile Is Showing Promising Signs of Continued Strength Over the Short and Medium Term. The Stock Currently Sits Above the 20-day and 50-day EMAs, Along With a Recent Bullish Crossover, Further Indicating Solid Upward Momentum. As Such, Investors Can Remain Confident That the Technical Indicators Will Continue to Drive Geely’s Upward Trajectory.
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Created by rakutentrade | Sep 17, 2024