RE: buying12 Apr 2022 14:19
The POLY chart is actually a thing of beauty
It’s playing out perfectly and obviously it’s very sentiment driven but the upside is huge. Poly production, fairly low debt and history of rewarding shareholders boasts a solid foundation
Every time it’s a higher low, but a higher high. Close to my first derisk at 550 but that would be 3 bags and still not enough to remove capital. This won’t happen overnight but it could happen as soon as a month depending on news
2-3 months after the war is finished and then slowly I suspect more investors will partake. Poly and other companies with russian assets will modify banks, auditors etc so going forward these events won’t affect day to day operations - not that they have. A bit like learning to like with covid
But on a technical basis POLY looks absolutely phenomenal and this chart is a wonder to behold