Top pattern in the chart ahead of earnings due tomorrow. The price is slipping to a 6 week low here and dropping under a recent side-ways trading range around the 56 level.
Keep an eye on 53 and 49 for "Key Earnings Support" from the last two earnings reporting levels.
Risk 56.50-57.50
Downside 53-52, then 50-49.
Tim
4/29/2015 12:52PM EST
Keep an eye on 53 and 49 for "Key Earnings Support" from the last two earnings reporting levels.
Risk 56.50-57.50
Downside 53-52, then 50-49.
Tim
4/29/2015 12:52PM EST
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Subscribe to my indicator package KEY HIDDEN LEVELS $10/mo or $100/year and join me in the trading room KEY HIDDEN LEVELS here at TradingView.com
Related publications
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.