Stock's fundamentals, price relative strength, and group action look strong.
But the uptrend structure may have formed a mid-term top.
Weekly:
Downside potential remains as long as the price stays below the May 8th highs.
Ideal macro support zone: 90–70.
Daily:
Thank you for your attention and I wish you successful trading decisions!
But the uptrend structure may have formed a mid-term top.
Weekly:
Downside potential remains as long as the price stays below the May 8th highs.
Ideal macro support zone: 90–70.
Daily:
Thank you for your attention and I wish you successful trading decisions!
Делюсь опытом работы на финансовых рынках в личном блоге: t.me/marketartistry
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.
Делюсь опытом работы на финансовых рынках в личном блоге: t.me/marketartistry
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.