This is a company that has quite a good P/E and has Bounced from the bottom of a Parallel Channel after printing Bullish Divergence on the MACD. As of today the weekly has closed near the breakout point of the Channel and has confirmed a Bullish MACD Crossover above all the major Moving Averages.
Due to all this i expect that upon breaking above the channel we will have a Blue Sky Breakout that could take us to $28-$30
Due to all this i expect that upon breaking above the channel we will have a Blue Sky Breakout that could take us to $28-$30
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