✅First Busey #BUSE Operates as a bank holding company for Busey Bank, engaged in providing retail and commercial banking products and services to individuals, corporate, institutional, and government clients in the United States.
📊 FUNDAMENTAL ANALYSIS
🟢Trading 50% below our fair value estimate
🟢Earnings growth projected to be 15.11% per year.
🟢Pays a reliable dividend of 3.72%
🟢Analysts agree that the stock price will grow by 20.2%
🛠 TECHNICAL ANALYSIS
📈 LONG
▪️ Price is above 200 and 50 EMA on the daily TF
▪️ Price is back above 50 EMA
▪️ MACD is above its signal line and positive on the D TF.
▪️ RSI is positive and not overbought
▪️ OsMA is a bullish divergence on the D TF
▪️ Retest of support for the huge “Inverted Head with Ribbons” pattern
↗️ TRADE
🎯First target price $28.25
🎯Second target price $33.68
📊 Growth potential ≈ 37%
💼 Portfolio #active_management
⚠️ The ideas published are not investment recommendations, this is only the personal opinion of the blog author.