Has No Sell Rating. Ready To Break Out Of the Channel.
With no sell rating and 5 analysts sitting on sidelines with HOLD, it is only a matter of time before it gets upgraded. On every metric it is either NEUTRAL or BUY.
A very conservative price target would be .618 FIB ~ $60.
Note
Time frame for $60 is Feb 2025.
Note
Still knocking against the upper boundary of the channel. Breakout could be similar to May 2020. But I am being conservative and hence the conservative FIB levels. If you feel optimistic, you can drag the FIB(1) to 94 or even 194.
Note
Circa $47 could be a watershed moment.
Trade active
Yet another attempt at breaking out of the channel. MACD has turned bullish/positive.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.