J-Bird RAX short with a stop at 47. Stock looks like it's in a downtrend and is struggling to climb above the down trend line. AT 60x earnings, RAX still looks pricey as their business is becoming much more of a commodity with compressed margins.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
