Target 220 / 350.
Stock has cleared past 3 plus years consolidation zone in the form of rectanglar breakout with good volumes. Currently stock is positioning itself
Oscillator indicators providing momentum signals with the instance of previous breakout positioned post the crossover at oversold zone and k and d crossing 50 line mark, the stock rallying almost 100%. The current scenario is almost a similar setup.
What’s your opinion on this ? Is it overvalued ?
Kindly share your thoughts