Note how after running up to new highs, it pulled back to the red line and bounced.
This company also has excellent fundamentals with a 5 year earnings growth rate of 45% and a PE of 21. Cramer says you can pay up to 2x the growth rate which would be a PE of 90 which would mean the stock could quadruple from here.
I am not quite that optimistic, but the stock was recently upgraded by a broker with a price target of $50. I am long the shares in anticipation of higher prices ahead.
Hey Chris,
ReplyDeleteHere is a simple way to display the Wave 1 bottom & top prices on your chart. It will display in the upper left corner of the chart window:
# Add Labels for Wave1 Bottom and Top
AddLabel(yes, "Wave1: " + dPrice1 + ", " + dprice2, Color.WHITE);
You can choose any color for the Label (I use a black background, so I like white).
If you really need to display the Trendline Curve (what you called the slanted line) I would contact the guy at Read the Prospectus. If anybody would know how, it would be him.
Hopefully this is one, of many, small contributions I can make to your project!
Thanks. Justin
Oops, forgot to say that I am talking about the TOS platform.
DeleteJustin
Justin-
ReplyDeleteThanks for the comments and input, much appreciated!
Chris
Chris have you gotten any of my Emails?
ReplyDeleteI am so happy investing with TD Ameritrade.. He has really helped after I lost my job. I started investing as little as $200 and now I earn over $2,500 weekly. So happy you can contact him on his Email: tdameritrade077@gmail.com
ReplyDeleteVia whatsapp: (+12166263236)