wow do not find good short opportunities like this very often. Double top, possible adam and adam, that has already completed a throwback. I used the 4HR chart because it really pops out at you on the chart. Also, there are several trend line breaks. MACD is not looking great, leaning down. Stock on higher time frame charts will likely lead the MACD down. But notice the OBV, it is declining. OBV usually lags, but is a good confirmation of a trends change.
I like this one. Place your stop above the top of the right shoulder and i would ride the profit target down. The measure rule would put it around $53.85. I think you could find a floor around $50.40
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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.