The stock is technically and fundamentally strong and it is corrected following the post-COVID upward rally. Fundamentals looks good with the cup and handles technical set-up. Currently testing support and resistance levels. P/E ratio of 20 is decent for tech stock. Expect a few shakeouts and upward moves. To enter the trade, make sure you have confirmation...
My strategy is based on price action with the reading of certain indicators that I like while respecting all the values that define the stock maket
Price is at ATH. Price is above the necek line. The close is at candle's top. Target is at 51.95 levels.
We are flying above the cloud now and can see the higher aim now.
I dont trade this, just for later reference and beauty of the chart abandoned baby reversal pattern rsi divergence resistance to support inverse head and shoulders