As we can see in the above chart. The stock has started to decline after reaching a potential resistance area at around $180/share.
In my view, the stock's reversal started when it broke its prior lower-high price back in October. The stock could already be in an upward trend and will likely respect the key support area at 122.
In my view, the stock's reversal started when it broke its prior lower-high price back in October. The stock could already be in an upward trend and will likely respect the key support area at 122.
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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.