FAIRCHEM ORGANICS Trend Analysis
Price is showing hidden bearish divergence with RSI on Daily & Weekly TF.
Descending broadening wedge pattern is forming as highlighted.
Fundamentally the stock is highly overvalued.
Good to accumulate around 850-900 levels for the following targets:
Short term swing target @ 1590 (76.67% ROI)
Medium term swing target @ 2250 (150% ROI)
Long term positional target @ 3300 (266.67% ROI)
Do your own due diligence before taking any action.
Peace!!
Descending broadening wedge pattern is forming as highlighted.
Fundamentally the stock is highly overvalued.
Good to accumulate around 850-900 levels for the following targets:
Short term swing target @ 1590 (76.67% ROI)
Medium term swing target @ 2250 (150% ROI)
Long term positional target @ 3300 (266.67% ROI)
Do your own due diligence before taking any action.
Peace!!
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