Fundamental idea confirmed by TA

The stock was mentioned by Simplywall.st as undervalued with high growth potential. Indeed looking at D and W charts I see a triangle and on M chart I see that indicators may be indicating trend continuation.

Risk: 0,17% of the deposit
Company exposure: 3,8%
Trade horizon: 1-2 years
Exit strategy: 50% when reaching 50% of TP and watch further PA

Bình luận:

The alternative count is possible. This would be in line with the bearish interpretation of SP500 and fellow USB.

Action: move SL to 0 profitability and if the price does not break out - close the position.