The company EPS is expected to grow from 0.07 this year to 0.87 next year. The Industry average price/earnings ratio is about 18x so I’m estimating the stock could grow back up to touch last year highs around $8 within the next months.
The price started and held and up-trending move at the end of June and found some resistance at 5.25. its now restarting the trend and I'm looking to get in once it breaks the previous resistance. I’m going to set my profit target at about $5.50.
The price started and held and up-trending move at the end of June and found some resistance at 5.25. its now restarting the trend and I'm looking to get in once it breaks the previous resistance. I’m going to set my profit target at about $5.50.