SAFE - Continued insider buying and rising channel

The stock has held the 66.4 level and the 200D EMA level. You can see on the chart that 66.4 was a resistance level in 2020. Also, the paper is at the lower boundary of the rising channel and at the 100D EMA level, which gives quite a comfortable entry point with a relatively short stop. Analysts' average target is 87.6, which almost coincides with the ATH. Under positive market conditions, the stock's targets are as follows.
STOP - $66.3 (-6.8%)
TP1 - $76.8 (+8%)
TP2 - $84.7 (+19.2%)
TP3 -$102.9 ( +44.7% )

This is my personal opinion and not an investment recommendation

Dagangan aktif:

16.07 - TP2 taken.