Listen up. This is going one of two ways. Either we see the bull flag continuation to the upside that was established in 2023. Orrr Apple double tops on our asses.
Zooming in on the support will show you that we are very close to finding out.
Regardless, the move will be tradable. And you bet your ass the only way I trade this is long. I believe this $165-$170...
I'm extremely bullish on NYSE:CAVA as a company. However, in the short term, I see bearish technicals as the stock begins to fall from its ATH. The first support line is in the $61 range. If this holds we could see a push back up to new all time highs at $85, especially if it the price manages to break through the resistance on the broadening wedge. Falling...