This is a textbook pattern combined with a high-impact earnings event:
- Pattern: Inverse Head & Shoulders
- Neckline Breakout Zone: ~$195.50
- Stop Loss: $187.97
- TP1: $207
- TP2: $220
- TP3: $225
Catalyst:
Earnings on May 20th – AI product suite and strong cybersecurity demand could trigger breakout momentum.
Volume is still below average, which is typical pre-earnings. A breakout with volume confirmation could ignite a high-conviction move.
Not financial advice. Just sharing my technical perspective. Let the market decide.
- Pattern: Inverse Head & Shoulders
- Neckline Breakout Zone: ~$195.50
- Stop Loss: $187.97
- TP1: $207
- TP2: $220
- TP3: $225
Catalyst:
Earnings on May 20th – AI product suite and strong cybersecurity demand could trigger breakout momentum.
Volume is still below average, which is typical pre-earnings. A breakout with volume confirmation could ignite a high-conviction move.
Not financial advice. Just sharing my technical perspective. Let the market decide.
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.