Target Price: $168.00 and up.
Technical Analysis: I expect price to retrace the previous low (green, bottom of mac d: $160.23-$154.56). Once this price retraces, price should test what would be the current high and above (orange on top of macd: $165-$168 and above.) The stochastic rsi is on the bottom of the box which means price is over sold. However, I need it to match up to the mac d before going to a lower time frame for entry.
Fundamental Analysis: Price to earnings ratio is under 20-25. Which I heard means there is room for reasonable growth. Net Margin % is increasing. Impressive History.
Let me know what you think?
Follow, Like, Agree, Disagree!
Look, I'm just an average guy that needs this market to change his life. Keep in tune and let's help each other grow and learn!
"A Bad Idea may lead you in the wrong direction. No Idea leads you nowhere. A Good Idea is a reflection of the Bad Idea."
Technical Analysis: I expect price to retrace the previous low (green, bottom of mac d: $160.23-$154.56). Once this price retraces, price should test what would be the current high and above (orange on top of macd: $165-$168 and above.) The stochastic rsi is on the bottom of the box which means price is over sold. However, I need it to match up to the mac d before going to a lower time frame for entry.
Fundamental Analysis: Price to earnings ratio is under 20-25. Which I heard means there is room for reasonable growth. Net Margin % is increasing. Impressive History.
Let me know what you think?
Follow, Like, Agree, Disagree!
Look, I'm just an average guy that needs this market to change his life. Keep in tune and let's help each other grow and learn!
"A Bad Idea may lead you in the wrong direction. No Idea leads you nowhere. A Good Idea is a reflection of the Bad Idea."