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ITM POWER ORD GBP0.05ITM POWER ORD GBP0.05ITM POWER ORD GBP0.05

ITM POWER ORD GBP0.05

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ITM trade ideas

ITM Power Analysis 17.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied. Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied. Leave your thoughts in the comment section, I will reply to every single one of them. P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis _____________________________________________________________________________________________________________________________________________________________________
LSE:ITM
by basictradingtv
2
#ITM considerably overvaluedOn Fundamentals, in my view ITM is currently well above fair value, on 28th Jan 21 they released an earnings update for p.end 31 Oct 20, which states EBITDA loss of £10.4mln but having an mcap of over £3.2bln! (that's right!) I understand the hype of Hydrogen, but this is just insane is it not? Let's discuss if you think otherwise. Anyway, looking at the graph we can see clearly support at 550p, which has broken. It does look like we have a flag forming, but for now, I think it will fall to 362p region. Please comment below.
LSE:ITMShort
by nlh7388
6