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What a bargain, but not for long!

Taking a look at the monthly chart you can clearly see it's been in a downward channel for the last two years, but recently...
It broke that downtrend line, likely due to consistently beating expected earnings .
*NOTE: Today is earnings day - they are reporting after market close.
With a chart like that, the short term target is the Moving Average at ~$2.5. As for the long term, we can expect much higher prices given that there is a cup and handle pattern forming that could make this a real rocketship.
Based on past earnings days we expect it to rally into close, so unfortunately you have to make up your mind rather quickly :)
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Stay healthy and stay solvent.
It broke that downtrend line, likely due to consistently beating expected earnings .
*NOTE: Today is earnings day - they are reporting after market close.
With a chart like that, the short term target is the Moving Average at ~$2.5. As for the long term, we can expect much higher prices given that there is a cup and handle pattern forming that could make this a real rocketship.
Based on past earnings days we expect it to rally into close, so unfortunately you have to make up your mind rather quickly :)
----------------
Stay healthy and stay solvent.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.