I turned the support level blue versus green as it has been compromised a few times.
There is a weaker support level forming below it.
There is also what appears to be a descending triangle as the top trendline slopes down and the bottom one is flat. This pattern is neutral until a trendline is broken with a Confirmed trend in that direction.
I like this stock, but I have to admit, it is looking a bit iffy right now.
No recommendation.
Neutral until a trend is in place.
There is a weaker support level forming below it.
There is also what appears to be a descending triangle as the top trendline slopes down and the bottom one is flat. This pattern is neutral until a trendline is broken with a Confirmed trend in that direction.
I like this stock, but I have to admit, it is looking a bit iffy right now.
No recommendation.
Neutral until a trend is in place.
Note
This support level is at the 50% retracement level of the trend up.
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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.