Potential swing trade developing. Strong bearish price action currently. Look for bullish price action off of support. Favorable risk/reward trade with plenty of room to the upside.
Fundamentally, this is a good stock with solid fundamentals. Although i would exit the trade between $162-164, as far as an investment, I believe valuations should be much closer to $175.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.