$RLX
Added 2025-03-14 11:52:58 +0000 UTCHas just reported their earnings and the PM is up +8.5%.
They missed on EPS but Revenue rose and the market liked it.
The price was battling on the $2.32 level all week with a weak market but we knew that the earnings report would be the defining influence here.
If the strength is sustained today then we could hit the First Target at $2.77.
Flipping this level to support will be needed next before this can run to our Second Target at $4.
Comments
Just holding on the Way to $4
Martin Charles Christiansen
2025-03-15 08:35:13 +0000 UTC“RLX Technology, with a market cap of approximately $3.17 billion, operates debt-free and has not diluted shareholders over the past year. Its earnings have grown significantly by 596.5% over the past year, surpassing both its five-year average growth rate of 9.5% and the Tobacco industry’s growth rate of 6.6%. The company’s net profit margins improved to 29.8%, up from last year's 8.5%. RLX is currently trading at a significant discount to its estimated fair value while maintaining high-quality earnings and stable weekly volatility at around 5%.”
safoo
2025-03-14 13:56:59 +0000 UTCI am in at 2.20, probably selling at 2.77. Took a quick look just now and was surprised to see red. Was just +8.5% in pre-market!
DMH
2025-03-14 13:42:48 +0000 UTCAnyone holding this since before the market sentiment flipped? Seems like a China + Consumer play..is it a long term staple to hold on to? Curious how folks are playing this stock..
safoo
2025-03-14 13:21:29 +0000 UTC
