Prices have been in a Consolidation Phase since more than a year.
Monthly RSI is turning from its Oversold Zone.
On the Daily Chart, prices have shown some signs of strength after breaking out of a sideways pattern.
Price reaction after Quarterly Results have been good.
‘Safety first’ investors can wait till stock clears out of the consolidation.
‘Value Investors’ can look at this as a long term investment bet.
Monthly RSI is turning from its Oversold Zone.
On the Daily Chart, prices have shown some signs of strength after breaking out of a sideways pattern.
Price reaction after Quarterly Results have been good.
‘Safety first’ investors can wait till stock clears out of the consolidation.
‘Value Investors’ can look at this as a long term investment bet.