Seeing some long-term trends aligning
BUY POINT:
Low from each prior shoulder of head and shoulders ~116
Long-term trendline support: ~105 today, but closer to ~115 by EOY
SELL POINT:
Prior head and shoulders neckline 136
Prior resistance around 150
CAUTION:
If we break ~116, it may not be until ~90 that we find support (head of prior head and shoulders
BUY POINT:
Low from each prior shoulder of head and shoulders ~116
Long-term trendline support: ~105 today, but closer to ~115 by EOY
SELL POINT:
Prior head and shoulders neckline 136
Prior resistance around 150
CAUTION:
If we break ~116, it may not be until ~90 that we find support (head of prior head and shoulders
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.