Key points:
1. Incoming triangle breakout reversal of downtrend
2. 50% of free float was traded in the last days, who else is left to sell?????
3. I do not think that insiders, private equities and VCs want to sell at $9, after the lock up period.
4. P/S < 3!!!
5. Debt free & $2b+ of cash!!!
5. Sweet Risk/Reward Ratio setup
6.Target price of $20-$24 over the next 6-12 months
1. Incoming triangle breakout reversal of downtrend
2. 50% of free float was traded in the last days, who else is left to sell?????
3. I do not think that insiders, private equities and VCs want to sell at $9, after the lock up period.
4. P/S < 3!!!
5. Debt free & $2b+ of cash!!!
5. Sweet Risk/Reward Ratio setup
6.Target price of $20-$24 over the next 6-12 months
Comment:
The triangle is not that accurate sorry my mistake it's a bit higher from what i draw