Hen Solo
11-21 09:53

Great article, would you like to share it?

@Barcode$Coda Octopus Group Inc(CODA)$ 📈 🔺🅱️🆄🅻🅻🅸🆂🅷🔺📈 📈🌊📈 CODA Octopus Group: Surfing the Wave to $12! 📈🌊📈 Kia ora Tiger traders! My Take: Bullish at today’s open—CODA Octopus Group (NASDAQ: CODA) is rounding the corner and setting sail toward an initial target of $12. With its innovative marine technology and robust financials, this stock is making waves! Key Financial Highlights (as of 20Nov24, 🇳🇿NZ Time): • 52-Week High: $9.16, marking a 1-year gain of 46.58%. • Cash Position: A strong $23.7 million with no debt—now that’s a rock-solid foundation. • Recent Defence Contract: Secured a $906,000 deal, bolstering its market standing and revenue potential. • Operating Income and EPS: Both on the rise, alongside steady revenue streams in marine and engineering sectors. Today’s Technical Outlook: • Pre-Market Price (NZ Time 20 Nov 2024): $9.02 • Resistance Level: $9.16—breaking through would confirm a new rally. • Next Target: A sharp upward move toward $12.00 as per the chart’s projection. Chart Insight: CODA’s setup shows a well-defined consolidation breakout, supported by strong fundamentals. The upward trajectory is clear—this chart is as smooth as the seas CODA specialises in navigating. With innovative solutions driving growth, strategic partnerships, and increasing demand from Asia, CODA is a force to be reckoned with. The combination of strong financials, a robust cash position, and new defence contracts positions CODA for continued success. Happy trading ahead. Cheers, BC 🍀🍀🍀 @Tiger_comments @TigerPicks @TigerPM @Daily_Discussion @TigerObserver @TigerStars @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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