It has came all the way down to our Wave X spot, it needs to find support now and most importantly stay above the blue support line, I feel below this line and it could be in some trouble. The concern must be that the FWD PE is 216.....which by any metric is considerably high, Wedbush also downgraded their Target Price to $2.50.
I will keep an eye on this.
makis
2023-05-16 20:22:39 +0000 UTCSteve Suric
2023-05-16 13:40:04 +0000 UTCGareth Neary
2023-05-16 12:49:59 +0000 UTCSteve Suric
2023-05-16 12:47:38 +0000 UTC