1) Short trem trend support.
2) I believe that the bullish wedge pattern is still valid and the price target is about 88.
2) I believe that the bullish wedge pattern is still valid and the price target is about 88.
Trade active
1) I believe that the bullish wedge pattern (June-August) is still valid with the price target of 88.2) Island Pattern, which is reversal and bullish .
3) Price to book ratio: 0.32
4) Insiders are buying the stock at these levels.
1st target: 88
2nd target: 104.85 (gap)
Trade active
These two will boost the price:1) Decrease in whey (raw material) prices. It already decreased from this year's top 80 to current 49 level.
2) Increase of GBPUSD from historical bottom levels.
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Disclaimer
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.