RSI is in highly overbought region ( below covid levels) and looking for bounce from long term trend line around 1500 levels shown in chart.
Stock is fundamentally strong and a monopoly, had slight dip in profitability due to high commodity prices.
Target for next few months
Target 1: 1633
Target 2: 1800
Happy trading
Stock is fundamentally strong and a monopoly, had slight dip in profitability due to high commodity prices.
Target for next few months
Target 1: 1633
Target 2: 1800
Happy trading