- At the end of July, the stock gave a breakout above its previous all time high of 486 and the trendline giving it resistance.
- The Monthly RSI moving past its previous peak of 63 also confirms strength in the stock price.
- Such breakouts can lead to a start of a multi-year up-move, so targets remain unclear. Simple BUY AND HOLD approach is ideal.
- Bullish view remains intact as long as price survive 445!