Jan. 17 at 8:40 PM
$EFX is showing signs of life at these oversold levels, but the bulls still have a steep hill to climb. 🧗📉
Price closed Friday at
$219.18, barely holding above the recent lows while sitting well below the 200-day SMA of
$234. Despite the near-term technical weakness, the fundamental desk is still screaming "Buy" with a massive
$285 median target as we head into the Feb 5th earnings showdown.
If the
$200 floor holds, the risk/reward here is starting to look juicy for a contrarian play.
Key Levels to Confirm:
🐂 Bulls: Need a reclaim and close above
$234.26 (200-day SMA) to signal a trend reversal and target the
$253 analyst pivot.
🐻 Bears: A clean break below
$211.26 (January low) confirms the downtrend extension and risks a retest of the psychological
$200 support.
#hovdid
