Elliot waves take a break after an impulsive streak, that's what we can see here.
The stock held the critical $300-ish Fib level and now reversing, having left the oversold zone getting ready for its next upward stretch.
Holding $321 is the next challenge, but rest assured a company with 400 billion annual rev isn't going anywhere. The press smears won't stick either.
Enjoy the recovery ride!
The stock held the critical $300-ish Fib level and now reversing, having left the oversold zone getting ready for its next upward stretch.
Holding $321 is the next challenge, but rest assured a company with 400 billion annual rev isn't going anywhere. The press smears won't stick either.
Enjoy the recovery ride!
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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.