According to ORTEX, there is (7.3%) EPS Price divergence. Considering the recent rally, it would not be unreasonable to expect some profit taking within the next few weeks. Again, FOMC meeting is coming up in a few weeks time and we are dancing to the same tune again. Inflation is not transitory.
I would be interested to see if the price falls to $340-$350 area by 21 April 2022.
Happy to hear everyone's thoughts. If you are going to type rubbish, I will report you.
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