Breaking down below Channel support
The Price is moving in a channel, though from last few weeks it has been bearish and doesn't seem to have enough strength to bounce back from the channel support.
I would go short if price closes below 270 for a target of 255.
I would go long If the stock closes above 290.
I would go short if price closes below 270 for a target of 255.
I would go long If the stock closes above 290.
Nota
Price goes above 290 so the stock is back on its upward journey.Should touch the upper channel line.
Dagangan aktif
Moving up to its channel resistance, One can target 340+ from here.Dagangan aktif
Still have some gas? Lets see. :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.