Excellent, so fundamentals are driving the price yet your $26 target is based on a finger in the air overshoot theory of your own. Does that not contradict your premise that fundementals are driving the price or is your theory fundementals based?
Love to get some more details on your theory. What fundamentals are behind your theory since you state fundamentals are driving the CSL price? What is the average overshoot percentage? Why you think CSL is heading in to overshoot territory? Why the recent lows do not count as the said overshoot? What price you think is fair value before this overshoot occurs? How long this overshoot takes to occur and how long to recover from it and get back to this fair value?
CSL Price at posting:
$31.88 Sentiment: LT Buy Disclosure: Held
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