Although Higher Time Frames have painted an altered Head and Shoulders Top. Yet the Support Baseline is holding firm.
The Right Side of Head has printed a Decending Triangle. And yet again the Support Band has held firm.
Currently the price is consolidating between a Decending Channel.
Movements fluctuations due to Earnings and Dividends.
A Bullish Three Drives Pattern has emerged. But expectations of further accumulation lay evident.
Price is ranging between a Strong Volume Zones. Volume Profile PoC at $105 per Share.
Pathway projection drawn, reflecting a Bullish breakout of the consolidation zone. To test the long-term Decending Trendline (Red).
There is a CME Gap (Blue Rectangle) above the Red Resistance Trendline that the Bulls should be aiming to Fill.
.
The Right Side of Head has printed a Decending Triangle. And yet again the Support Band has held firm.
Currently the price is consolidating between a Decending Channel.
Movements fluctuations due to Earnings and Dividends.
A Bullish Three Drives Pattern has emerged. But expectations of further accumulation lay evident.
Price is ranging between a Strong Volume Zones. Volume Profile PoC at $105 per Share.
Pathway projection drawn, reflecting a Bullish breakout of the consolidation zone. To test the long-term Decending Trendline (Red).
There is a CME Gap (Blue Rectangle) above the Red Resistance Trendline that the Bulls should be aiming to Fill.
.
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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.