Strong Upside PotentialOn the 4-hour chart, price action remains bullish: buyers continue to step in at progressively higher levels, and the 10, 20 and 50-period EMAs are all aligned upwards, confirming positive momentum within an established uptrend. A discounted cash-flow valuation also suggests the shares are currently undervalued, and several analysts have maintained “buy” ratings for long-term investors. I’m using the rising trendline as my stop-loss reference.
However, there are a few risks to consider. Earnings are scheduled for tomorrow, and even the strongest momentum can reverse on an earnings surprise. Insider selling by the CLO ahead of the report adds another red flag.
Nevertheless, with high risk often comes high reward—this setup could appeal both to short-term traders looking for a breakout play and to long-term investors seeking high-growth names.
