June 29th I bought $BAESY while looking for undervalued dividend stocks, it appeared to have strong support at $29.25 which is about where it was sitting when I bought, now it is up ~4% since I bought to $30.5.
Before COVID hit, it was in a rally toward its upward resistance at $35, and with expectations that cash flow and demand for the companyβs products will increase as pandemic worries fade, some analysts seem to think it could rally back to pre-covid levels within the next year. Others see it cooling off, but the only indication I see for that is the rather high RSI of 60, while the SMAs point to further growth and an overall underbought stock.
Iβm at a loss for what to do here. Is this stock still a buy even after significant growth m/m and in the last three months?
