outlook not so good.
chart significance
local low of obv w/ minimal recovery
Business significance
expectations:
up to the the earning well probably drift towards the monthly pivot for retest with a possible break around 127
upon earning announcement, down local low of 119 till dividend issued
invalidation
chart significance
- declining RSI
lower highs
tweezer top at 132
bounce off R1
Monthly pivot , s1, s2 broken
local low of obv w/ minimal recovery
Business significance
- expected low earning target then previous
luke warm reception of new product
lower lows on DJI and DJA
expectations:
up to the the earning well probably drift towards the monthly pivot for retest with a possible break around 127
upon earning announcement, down local low of 119 till dividend issued
invalidation
- DJ overall shoots up in the next 10 day
DJ drops out before earnings
break out of triangle
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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.