An inverted H&S is evidently forming on the daily timeframe at the end of this nice down channel I think this could be a reversal point for the down channel trend and allow price to move back up again. Inverted H&S's can signal trend changes.
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A simple DCF gives this stock a 130 valuation, great technicals, low coverage, inefficiently priced in my opinion.
Looks like might start up on daily. $ 117 -> $ 148 Stop: $111
Buy
In my opinion we have to monitor the level of the 200 SMA weekly (red one). From that level is possible a change of route.
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Oscillators down; largest sell-off in 12 months with similar pattern in December 2016. Sell-off lands shortly after stock's historical high.
