Cherkizovo – growth of key indicators and dividends
"Cherkizovo's Board of Directors recommended paying dividends for 2023"
High product quality and advantageous conditions for doing agribusiness in Russia (cheap energy, subsidies, preferential loan rates, etc.) allow Cherkizovo to keep a competitive price for its products on the international market. At the same time, good financial performance and regular dividend payments confirm the effectiveness of Cherkizovo's business model.
TAKE PROFIT
After the correction last week, Cherkizovo shares held the trend and formed a reversal pattern on the hourly chart. In our opinion, the target for the movement of Cherkizovo shares is the level of 4950 rubles, which is 9% of the current price of 4540 rubles.
STOP LOSS
Do not forget about risk management and portfolio diversification. It is recommended to buy a share for no more than 4% of the account, since the liquidity of the share is low. If the price is fixed below 4,350 rubles, then the growth forecast of the paper is canceled. The stop order[1] can be placed at the level of 4,400 rubles (-2.9% of the current price of 4,540 rubles).
[1] Risk management includes: setting a certain type of stop loss at certain levels, a position set method, a position reduction method, holding certain timings for decision-making and is of an individual nature, based on your personal risk profile. If you have any questions, you can contact our trader for advice (Portfolio Consultant package at the link https://eraperemen.info/priobresti/).
Disclamer. The analytics presented here are designed for people who have at least a basic understanding of the Russian financial market. If you have difficulties with the practical implementation of our recommendations, you can use the services of our specialists with the Portfolio Consultant package at the link: https://eraperemen.info/priobresti/
