Decline will meet support at $150. If it goes below, TP $116.62. Risk if it holds at support, possibly double bottom, and begin upward trend. In that case, possible resistance and new TP at $198. Watching closely for post-close movement following 6/25 earnings. Expecting disappointment and subsequent drop.
Note regarding continuing dispersion of MA lines (building off prior inquiry).
Same investment thesis as the other Bill Williams' analysis on TU; however, with highlighted concerns about other reversal patterns/trade signals in the two boxes outlined in red.
Moving averages were crisscrossing (alligator is 'asleep') before swing trade; moving averages aligned and pointed upwards, setting the stage for a bullish outlook.