Monday, June 10, 2019 5:55:44 PM
From a fundamental perspective there is not a great deal of reasons to be looking to long the stock of NYSE:THO , but it looks compelling from a technical perspective. The Momentum indicator is seen as a leading indicator and in this case it is bullish as is the RSI and Stoch . This stock has been so beaten down with the entire sector, that any positive news could result in a massive jump post earnings , while there is security from tried and tested support below. This is a risky trade but could be very rewarding.
AVERAGE ANALYSTS PRICE TARGET $76
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
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