All time highest close. A nice VCP pattern on the weekly. Moving above the shadow of the “BC” bar in the weekly. Positive Relative strength.
On the Daily it is taking out the current Price Rejection Zone at 1190-1250. Good volume support. Positive Relative strength.
In short, the stock looks gearing up a move to much higher levels
On the Daily it is taking out the current Price Rejection Zone at 1190-1250. Good volume support. Positive Relative strength.
In short, the stock looks gearing up a move to much higher levels
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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.