NLMK – dividends should be
"NLMK's Board of Directors recommended paying 25.43 rubles. per share for 2023"
NLMK's business is moving in line with the trend of the entire metallurgical sector and demonstrates high financial performance. The confirmed resumption of dividend payments spurs the growth of the company's shares.
TAKE PROFIT
Since the beginning of August 2023, NLMK shares have formed resistance at the level of 215 rubles. On April 10, the shares confidently gained a foothold above the resistance of 215 rubles. having previously tested it, this increases the likelihood of further upward movement. An unclosed gap at the level of 245 rubles. it is the point of attraction of the price. We believe that the target of the stock movement is the level of 245 rubles (+8% of the current price of 225.5 rubles).
STOP LOSS
Do not forget about risk management and portfolio diversification. If the price is fixed below 210 rubles, the scenario with further growth of the paper is canceled. The stop order[1] can be placed at the level of 221 rubles (-2% of the current price of 225.5 rubles). If the price is fixed below 210 rubles, then the growth forecast of the paper is canceled.
[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/
