$TMDX - RC -
Added 2024-06-17 12:13:37 +0000 UTC$TMDX has been moving incredibly well and we have this in Wave 3 now and set to continue moving higher to the 1.618 Fib at $181, Wave 4 should come next to $125 before moving higher next to complete Wave 5 at $216.
Margins are fantastic here but FWD PE is high, so I suspect the market feels like the margins will continue to remain high and the FWD PE will look after itself and reduce over time, we saw this happen with $AMZN.
If you are already a holder here, there is very little you need to do but stay with this and be patient.
Comments
Thanks a mill!
RM
2024-06-17 12:15:09 +0000 UTC
