All Technical indicators are showing strong indication of upward journey in this stock
Strong support @ 70 due to 1. Fib ratio 0.786 (70.76) 2. Previous support formed in 2012 - approx 70-74 3. Inverted double bottom which should form strong support @73 4. Double bottom formed at @ 70 5. Over sold in monthly charts Target - 100
A probability of 3X returns in 18 months 1. Lot's of technical pointers of growth 2. Fundamental are improving
Strong support between 70-74 due to 1. Fib ratio 0.786 (70.76) 2. Previous support formed in 2012 - approx 70-74 3. Inverted double bottom which should form strong support @73 4. Double bottom formed at @ 70 5. Over sold in monthly charts Target - 100