Conviction: 3/5
Risks
- Hovering / bouncing off medium-term (2018) parallel channel support
- Hovering / bouncing off short-term (2020) price level support
- RSI-D looks like it is bouncing off from oversold levels
- RSI-W approaching oversold levels
Risks
- V expensive relative to own history, does not bode well for Long-term Returns
- Expensive relative to market (e.g. S&P 500 P/S is 3ish)
- Unimpressive growth
- parallel channel support broken during 2020