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12M: → Bullish close but truely bullish above 701
→ the grey zone being at → 633 – 585 (Fib ext.)
→ in case of a breakout 744 is target
3M: slightly less progress because of 701 Ath close by – traders will think about double top from here on
→ 701 showdown likely
Monthly: Bullish close but yet a bit hesitation going on here. Probably some profit taking going on.
3D: Ascending Triangle in play like in many other stocks – waiting game until a break occurs
thanks for reading, feedbacks appreciated
12M: → Bullish close but truely bullish above 701
→ the grey zone being at → 633 – 585 (Fib ext.)
→ in case of a breakout 744 is target
3M: slightly less progress because of 701 Ath close by – traders will think about double top from here on
→ 701 showdown likely
Monthly: Bullish close but yet a bit hesitation going on here. Probably some profit taking going on.
3D: Ascending Triangle in play like in many other stocks – waiting game until a break occurs
thanks for reading, feedbacks appreciated
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Related publications
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.