- Stock has lost its momentum
- Broke short term trend line
- Daily/ 4 hrs about tro cross over
Return to longer term trend line ~$127
Valuation... well.... $19.5B for a company with negative earnings and a book value of $4 per share.
Huge spike off of earnings. They were positive but not that positive the stock deserved a 25% rally in 2 weeks. Still trading at 154 x F/PE.Hit its long term resistance at the $100, momentum in lost and looks to be rounding down. Could see a big reversion to its long term trend line.
Downtrend broke 2 days ago. stock is of 60% since IPO. Company is cheap trading at a 4P/E. With earnings out tomorrow that should be the catalyst for trend reversal.
The stock has been on a huge downtrend. This broke 2 days ago. With earnings being released tomorrow this should provide the catalyst for a reversal. Company has strong fundamentals trading at a 4 PE. the lack of liquidity and break from the current downtrend should result in a steady increase over the coming months.
