Absolutely! If your investment horizon is a year or two (as it should be for equity) the outlook is very positive imo. However, in the short run the picture is less clear. Any weakness in the SP is not reflective of the business's prospects imo but indigestion on the share register, which is potentially substantial. Analysis of both price and volume suggests to me there are plenty of new buyers looking to gain exposure but that is being met by some fairly sizable long term longs taking profits.
Absolutely! If your investment horizon is a year or two (as it...
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