Sideway movement could break through after the overbought bubble swings back to a little lower and see if any of the support levels hold.
As it continues to come down and hit the uptrend, it could be a perfect place to reset but either to break back to the way it came from or to 350, positioning itself for another fall.
But I'm comfortable seeing this grow over time; it is an investment to keep an eye on. But there could still be some downside to it first.
It looks like selling pressure is easing a little for some bullish fightback after tech took a chunk out of the sector. It looks like the dust has settled.
We've seen a significant tech selloff in a week, but this time, there is room to run after multiple rejections to drop from the 116-118 range.
Couldn't have said it better myself. With the end of the correction, we should see better results to regain some composure in the broad market.
It is one of the best companies for market cap, price sentiment, volatility, new products, record sales, and the beginning of a futuristic outlook that would allow it to stay above 120 and keep plugging away. Fundamentals are set in motion, looking for a higher high, but this is normal behavior after an almost 6% drop to regain a 2%+ recovery, and setting up for...
The Divergence at the MACD level with an RSI of all-time highs, Stochastics a sense of more entitlement maybe, Bollinger maximum, massive candle could entice more buyers but with last analyst $113 the most $110
MACD divergence RSI almost 80 stochastic double 🔝 Bollinger maxed out not much news, and the maximum rating is $49, which was in 2022 strange put options buying for nov24 $17.50 purchased in June. My guess is to get set to recharge 36-40
It seems to be heading across this line, but in case it doesn't, it could drop to 334 from 348 or 315, a few areas of support in a very bullish uptrend, until I see something remarkable.
What a number to carry this patriotically to the 2000s would be an exceptional finish to what's been a specular ride from the moment we alerted you about it.
A different POV on this one but after today's close and RSI looking for some headwind to close out of its jump to resistance and beyond 70.
Whether the momentum continues with other stocks, the market air or the fact that it's back to business after an eventful 4th of July. I'm seeing all the signs of bullish sentiment.
the last leg up lasted for 38 points before retracing 16 and now at 25 higher I think there is a squeeze coming before it dips.
The resistance hit is a slowdown of buyers which could mean there is going to be a correction causing the ticker to make a retrace.
I can see sideway movement up and down could impact the box, then either break below the line or accelerate with earnings around the corner. Right now, I'm short until the ER.
With everything bringing out as much as it has and more, the room temperature is at boiling point now and that can only mean one thing it needs to let out some steam.
Indicators are resetting, and this thing is strengthening again to begin another significant move into 500, and this time make even a newer high. There is plenty of room to run on Bollinger and the surrounding markets.