HANSOH is set to resume with its uptrend after breaking out from its 2-weeks doldrum a few sessions ago. As the stock is pulling further away from all the EMAs, it is likely that its bullish momentum is picking up further. We expect the rising momentum is set to steer the stock higher and test the next level of resistance in the near term.
Net profit is expected to grow at a CAGR of 7.2% for the next 3 years with stable net margins of more than 27%.
Source: Rakuten Research - 19 Dec 2023
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Created by rakutentrade | Apr 24, 2024