I am watching this closely, very strict head and shoulders pattern here and coincides nicely with our ABC count, I have said before that this is a traders dream as it bounces between the ranges and so far it is continuing this formation.
Only a long term hold when it breaks out of the range (between the blue lines) and into the bull case. Their fundamentals are a slight bit misleading, as they have a once off loss due to an acquisition, this may clear on their next earnings or the one after that, making this fundamentally a very strong company.
Gareth Neary
2023-04-04 11:04:35 +0000 UTCSLim
2023-04-04 10:56:12 +0000 UTC