Long
SPLK sort of channel bounce (3/5)
Conviction: 3/5
channel was broken in 2016, need to pay attention not to break down below recent lows to go to dark blue channel
General Thesis
Growth
Value
Fundamentals
Potential Risks
channel was broken in 2016, need to pay attention not to break down below recent lows to go to dark blue channel
General Thesis
- bouncing off of medium-term channel support (since 2015)
- Weekly RSI at historical turning points
Growth
- Margins quite low compared to own history
- growth is around 75th percentile
Value
- P/S cheap compared to own history
- P/FCF is negative... should I be concerned?
Fundamentals
- low debt/asset ratio
- quick ratio above 1, can to deal with short term debts
Potential Risks
- expensive market...
- wrong channel support
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