Industrias Penoles Sab De CV (IPOAF)

  • Volume:
  • Bid/Ask:
  • Day's Range:
    12.2600 - 12.2600

IPOAF Comments

What is your sentiment on Industrias Penoles Sab De CV?
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All Comments

  • revenue US$1574.2 GROWTH 106% Invest people
    • Peñoles is very well positioned to capitalize the shortage in the precious metal market. This should go above $500
      • seems like an inverted hammer.
        • bullish
          • It must touch 205 then bounce again. the last bounce was interrupted by trump
            • Williams %R -100
              • it is time for a bounce
                • Peñoles is benefitted by the exchange rate with the USD, which has increased substantially, as well as the price of Gold, Silver and ZInc. These precious metals have maintained their levels (Gold above 1300 and Silver above 16.20) While the USD/MXN has skyrocketed to 19.47. This is an ideal scenario for the company. As soon as the NAFTA trade deals settle, the stock should go above 400 easily and in the long term as the partity with the Dollar is expected to rise with the upcoming elections, we should see it push close to 500 with increasing and consistent geopolitical tensions, keeping precious metals' prices high.
                  • Long term buy
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