A company that I have always liked but has always been too expensive for me. Just posted a blowout earnings and it is being killed with the market. The price analysts have put it over $400. But as I have learned do not try and catch a falling knife.
I am looking between the $230-260 area to add. As you can see the 50SMA is also acting as a resistance line as well. So right now this stock is bearish in most areas including MACD could be turning bearish
Pre-pandemic this was $120 as a frame of reference.
Do your own DD. This is my own thoughts. Use your own intuition as I am not a professional
I am looking between the $230-260 area to add. As you can see the 50SMA is also acting as a resistance line as well. So right now this stock is bearish in most areas including MACD could be turning bearish
Pre-pandemic this was $120 as a frame of reference.
Do your own DD. This is my own thoughts. Use your own intuition as I am not a professional