1) I believe that the bullish wedge pattern (June-August) is still valid with the price target of 88.
2) Island Pattern, which is reversal and bullish.
3) Price to book ratio: 0.32
4) Insiders are buying the stock at these levels.
1st target: 88
2nd target: 104.85 (gap)
2) Island Pattern, which is reversal and bullish.
3) Price to book ratio: 0.32
4) Insiders are buying the stock at these levels.
1st target: 88
2nd target: 104.85 (gap)
Trade active:
These two will boost the price:
1) Decrease in whey (raw material) prices. It already decreased from this year's top of 80 to current 49 level.
2) Increase of GBPUSD from historical bottom levels.
1) Decrease in whey (raw material) prices. It already decreased from this year's top of 80 to current 49 level.
2) Increase of GBPUSD from historical bottom levels.