Great stock to own and an impressive earnings breakout after a 2-week rally that took it nearly 28% upwards. Currently overbought on all long-term timeframes and I expect it to take a breather and retest the previous uptrend TL before the next move to 320-330.
Target range 265-275 for an entry. Worst case scenario is 255 IMO.
Target range 265-275 for an entry. Worst case scenario is 255 IMO.
Comment:
Pulled back as expected and got bought back up near my 'worst case scenario' due to current market dynamics around 253 which also happens to be 50 day EMA. Interested to see if this low holds over the coming days.