After advancing in an impulsive five waves up, I still see another wave down below early December low in 2022 to complete a 3 wave zigzag.
This is my viewpoint of the stock and it's probably wrong
As you see on the chart we will have a big probability of a reversal trend (uptrend) if we have the breakout with force the vwap indicator and the resistance line by a big green candle with a large green volume so at the next green candle we can buy. But, in other hand we will have also a big probability of a downtrend continuity if we have the breakout with force...
Please share with me your thoughts
P/E = 8.839 RoA = 5.059% Div Yield = 6.41% RSI (M) = 31 The target is at 17.29 SAR plus div collected. 1-2 years.
Mn : up trend Wk : up trend D1 : up trend long at daily demand zone