High confluence of intraday supports
The stock after reaching it's new highs made a correction. Now It shows a bearish rejection in a zone with confluence of supports (61.8 Fibo, Trend line, Support traced by the previous test high), If the price increases it's bullish momentum, it may resumes its bullish bias
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.