Wandisco ($WAND) on a bull run

29 dic 2021

WANDISCO (WAND) is probably at the start of a bull run that could see a price increase to about 577GBX from current +400GBX level. Its downward channel trend has been broken out of in last 2 weeks and with further supporting fundamentals on the work won (contracts), earnings are going to be key especially from Mar-22 going onwards to sustain this. I have a low price target of 570GBX attainable by early Q2 of 2022 calendar and a conservative high of 755GBX around mid 2022. WAND contracting might increase pace of this value incremental trend.