I’m going to risk sticking my neck out and say this was a momentum technical trade as much as FA perhaps half fundamentals half ta
3.6 was gap fill from 2011 ( I think it was) as well as the 50% fib level, cup and handle target and also a flagpole target a little bit lower
If it goes over 3.6 I retract the above but 3.6 is a pretty significant number TA wise possibly also a decent marketcap no for where it’s at also though for now but I’m not great on that statistic for this I’ll admit
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