ROSSELL A BUY?
THE COMPANY HAS BEEN PERFORMING WELL FUNDAMENTALLY AND HAS INCREASES SALES BY 15% YOY ALONG WITH A 25% INCREASE IN PROFIT YOY.
AFTER STRONG FUNDAMENTALS THE TECHNICAL COMES INTO PLAY.
A BREAKOUT ABOVE ATH WILL LEAD TO OUR FIRST CONSERVATIVE TARGET OF 225 LEVELS FOLLOWED BY FIB EXTENSION LEVELS OF 269 .
120 LEVELS WILL BE OUR FIRST SUPPORT. 90 LEVELS WILL ACT AS LONG TERM SUPPORT.
AFTER STRONG FUNDAMENTALS THE TECHNICAL COMES INTO PLAY.
A BREAKOUT ABOVE ATH WILL LEAD TO OUR FIRST CONSERVATIVE TARGET OF 225 LEVELS FOLLOWED BY FIB EXTENSION LEVELS OF 269 .
120 LEVELS WILL BE OUR FIRST SUPPORT. 90 LEVELS WILL ACT AS LONG TERM SUPPORT.
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