BEKE Forecast


Bullish Case: BEKE's recent upward trend, increased 15.6% from sixty days ago and strong bullish risk (62% more than bearish), suggests sustained momentum. The low P/B ratio may further interest value investors, fostering continued growth.


Bearish Case: Despite some recovery, BEKE remains below year-ago levels, implying unresolved fundamental issues. High short-term volatility indicates market skepticism, increasing the risk of price corrections.


Potential Outcomes:

1. Sustained bullish trend due to investor sentiment and low P/B ratio (70%).

2. Sharp decline due to profit-taking or economic data release (30%).


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April 30, 2024


KE Forecast

BEKE        KE
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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