Current Price: The stock is currently trading at 78.06
Safe Entry Point: A safe entry for a swing trade is suggested after 89-90
*Head and Shoulders Pattern:
If the price breaks below the current level and fails to show strength, it could drop further toward the Head & Shoulders target of 60.85
A downward movement (red arrow) represents this bearish scenario.
*Bullish Scenario:
If the stock shows positive signs (such as increased volume, breakout confirmation), it could bounce back up.
A breakout above 89-90 could push the price towards 101.21
Safe Entry Point: A safe entry for a swing trade is suggested after 89-90
*Head and Shoulders Pattern:
If the price breaks below the current level and fails to show strength, it could drop further toward the Head & Shoulders target of 60.85
A downward movement (red arrow) represents this bearish scenario.
*Bullish Scenario:
If the stock shows positive signs (such as increased volume, breakout confirmation), it could bounce back up.
A breakout above 89-90 could push the price towards 101.21
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.
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.