Fundamentally, this is a strong company....in fact, I haven't seen fundamentals as strong in any other company for a long time but the concern here is the EPS for the next year, which is negative and over 5 years it is 20% which is not a lot.
So I have put both options on the chart, the impulse and corrective wave.
The price is just at the 0.65 Fib now, if it can stay above this, it has a good chance of going higher....losing this and it is into the corrective wave.
Aleks
2023-07-25 16:26:15 +0000 UTC