Potential Scenarios:
Bearish Scenario: If the stock breaks the neckline at $250.96. The downside target is generally calculated by measuring the distance from the head to the neckline, and projecting that distance downwards from the breakout point.
Neutral Scenario: The stock could consolidate around $250, fighting to break upward.
Bearish Scenario: If the stock breaks the neckline at $250.96. The downside target is generally calculated by measuring the distance from the head to the neckline, and projecting that distance downwards from the breakout point.
Neutral Scenario: The stock could consolidate around $250, fighting to break upward.
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.