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Bull flag

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sponono
Super Contributor
the bull flag continues: planning an ambush at the R28 level
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5 REPLIES 5
Rams
Super Contributor
explain the ambush
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Preston
Super Contributor
With a PE ratio of R25, that is one component of an ambush.
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sponono
Super Contributor
When NPN hit an all time high of R220 it had a PE multiple of 25 (has now more than double in price). You cant buy an AMG for a price of a toyota Tazz now, can you?
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Preston
Super Contributor
Life Healtcare is niether a BMW or NPN or BMW. High PE ratio is not part of my trading strategy.
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Rams
Super Contributor
And what's PE got to do with chart patterns?
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