3-5 Year hold... Reasons: >Price is right >Company has a great product that it's user love >It's a leader in it's field >Big data management is a macro trend that will continue to grow in demand >Even if things get worse the last thing companies will probably cut is something like this as they will be at a competitive disadvantage to their peers >The future is bright.
Easy way for gold exposure...Expecting gold to go a lil lower providing an opportunity to long something like this for more gains.
Expecting a dive to come, chart is pretty straight forward.
Gold has had a great run and the trend may still go higher but I'm expecting a pull back before the chance of news highs.
Update from prev chart...for now I see this as a bearish bounce and expect to see prices plunge lower...however we never rule out a low may be in, look for re entries once our line is busted with some velocity and if I'm correct we should land in the low 1700s region gl.
Expecting this to potentially fall with Gold.
Signs are there for me that this could be entering a hype cycle soon as for where price can go I have no idea.
Long Term play here expecting big upside, may be a bumpy ride.
Expecting this stock to shoot the lights out over the long term 3-5 year area.
Likely scenario to happen if index's can pull back a bit in the shorter term which I think is quite likely.
Have spotted a clear correctional count here which will form a larger wave 2 providing we do not go below our wave 1 low of 363~, as for areas of interest where this may stop to remain bullish is where we are currently and 400~ sat level...These are the areas we hope to see a bounce back up.
Steel gloves are on and we're catching knives...with a somewhat calculated approach...expecting a big trend reversal here and long term this to scream back up even higher. (Do not try this at home)