I am still long here but:
Bulls - not into RSI usually but did take a look at it out of curiosity and recently it hit the highest levels since 2011 and 2000, that's pretty significant especially that infamous 2000 year mark. May top out at one of the green targets in the next thirty days. Stock refuses to even retest the 21 EMA even with some recent broad market weakness, so it's still pretty strong but doesn't look like there is too much room left to go higher.
Bears - plenty of targets below and gaps to fill on the chart, will be a top target for shorts in 2022. Fundamentals haven't been in sync for a while and pretty soon the technicals won't hold this up either. Mt. Fuji pattern incoming as one trader put it.
Bulls - not into RSI usually but did take a look at it out of curiosity and recently it hit the highest levels since 2011 and 2000, that's pretty significant especially that infamous 2000 year mark. May top out at one of the green targets in the next thirty days. Stock refuses to even retest the 21 EMA even with some recent broad market weakness, so it's still pretty strong but doesn't look like there is too much room left to go higher.
Bears - plenty of targets below and gaps to fill on the chart, will be a top target for shorts in 2022. Fundamentals haven't been in sync for a while and pretty soon the technicals won't hold this up either. Mt. Fuji pattern incoming as one trader put it.
Kommentera
No new highs and a crash to the 209 level. Rebound possible to 268 in time for earnings, then ?Kommentera
Looking pretty bearish now, some other stocks have already crashed to their March 2020 lows, expect this and others like AAPL to do the same at this point. Look out below.Kommentera
Looks like a drop to a new low is coming, but gaps at 230 and 258 probably will be revisited soonFrånsägelse av ansvar
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