$ALGN Align Technology looking oversold on the daily chart, MFI appears to be bottoming. Based on earnings track record, expecting another strong beat when earnings are released post-close today. If poor overall market conditions continue to weigh post-ER, major support is just below around $285 - limiting risk.
*Take note this is a key holding of some major, well-respected hedge funds (i.e. Renaissance Technologies).
Targeting a return to $400 level by January.
Note: Informational analysis, not investment advice.
*Take note this is a key holding of some major, well-respected hedge funds (i.e. Renaissance Technologies).
Targeting a return to $400 level by January.
Note: Informational analysis, not investment advice.