As you can see, we have VWAP from week of October 10th, 2022 and 200 MA marking a confluence at the lower boundary of the channel at around $118 which is .718 FIB.
Note
If CPI doesn't ruin the show, then it has bottomed.Note
Earnings did well. Market is fixated on data center revenue which will be great by May 2025.
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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.