THFF trade ideas
I think we finally have the price action to long First FinancialHas been in our watchlist, and appears to have made a reversal here in price action (morning star) potentially bottoming. Will be longing tomorrow with a target of 35.88.
P/E 9.18 (great value)
P/B 0.8 (great value)
P/FCF (great cashflow)
Debt/Eq (no serious debt)
Net Profit Margin +30.9% (very high)
EPS this Y -0.10%
Long opportunity shaping up in this financial institution.Interested to see the move in price in encountering the pivot point. If it takes it out, one could anticipate longing in-between S1 & the wedge from a technical entry. (today it broke through the 20dma). Fundamentally this is a great company and looks run very well, but in finding our entry we can be picky and aim for the reversal off the bottom of this wedge.