The last couple months have been akin to a car wreck. However it’s now in deep value territory off and on the price chart.
There’s a good chance we’ll see higher prices by next month.
With the current price volatility and an investor about-face, you can achieve strong risk-adjusted returns.
This week’s dip is offering momentum and growth traders a decent entry point.
If history is any sort of indicator, favors continued support and gains for the stock as more and more investors pile into the up-and-comer looking to catch growth momentum off and on the price chart.
In short, if history is any indication, today’s overly-friendly price trend is increasingly at risk of a larger correction.
Both are making their impact felt on businesses and individuals and building their own important niches in today’s market.
If you’re looking for growth with compelling value off and on the price chart, consider this name.
Technically, shares are in position for another bullish leg to fresh intermediate highs.
There’s technical evidence that supports it as a name that’s approaching value territory and a potential long for your portfolio.