" on Wednesday. "The stock broke out in late July at a time when many of the other stocks were peaking in the market."
Newton says momentum behind it has not yet become overbought, and the stock could play catch-up all the way up to $47.79. That implies 12% upside from current levels."This had made a breakout of over a 16-year base," said Newton. "The stock has had a heck of a run. It's up about 25% since [this time last year], but really no meaningful resistance up until about $91.50, which were the highs that were made almost 20 years ago.
Who is sponsoring Steve Leishmans Jackson Hole wardrobe?
Belgique Dernières Nouvelles, Belgique Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
La source: CNBC - 🏆 12. / 72 Lire la suite »
La source: Reuters - 🏆 2. / 97 Lire la suite »