As the chart shows, the price is being traded in an ascending triangle for the past 10 months. And according to the analysis the price now in an accumilation area.
After the breakout the price is targeting $42 which is the pre pandemic levels.
In term of fundamentals, the company was one of the most effected companies by COVID. So the distribution for the vaccine and the multi trillion stimulus plan will both play a key role in pushing the price higher.
It is not a financial advice. Make sure to do your own research and have a good day all 🙏.
After the breakout the price is targeting $42 which is the pre pandemic levels.
In term of fundamentals, the company was one of the most effected companies by COVID. So the distribution for the vaccine and the multi trillion stimulus plan will both play a key role in pushing the price higher.
It is not a financial advice. Make sure to do your own research and have a good day all 🙏.