Technical Analysis
Getty Images A ( NYSE:GETY ) is within an approximate horizontal trend channel in the medium long term, which indicates further development in the same direction.
The stock is moving within a rectangle formation between support at $4.07 and resistance at $7.41.
A decisive break through one of these levels indicates the new direction for the...
We last looked into Getty Images Holdings (GETY) on April 24 giving a timely sell signal (see chart below) as the price got rejected on the 8.25 Resistance, failing to break above the 1D MA200 (orange trend-line):
The stock is forming a Channel Up right now, having broken above the 1D MA50 (blue trend-line) and about to test the 1D MA200 (orange trend-line)....
Getty Images Holdings (GETY) opened just shy off Resistance 1 (8.25) today but got rejected, showing how much this level weighs as well as the Higher Highs trend-line. We consider this the perfect sell opportunity targeting the 3.45 Support 1 and the Lower Lows trend-line of the Megaphone pattern. We are willing to commit on a long-term buy on Gety only if the...
