Price is trading within a specific range recently, and is in a good set up to turn up towards 20. This is an old resistance and i would see a lot of profit taking at that point, and if breached, a runup [with supporting volume]
Currently the price is making higher highs and higher lows, so the bullish trend is in tact....but as TimWest noted once, if something gets too obvious, it gets risky and can surprise you, so trade at own risk.
Technicals are on a low, so this supports a short term move up. Caution on earnings.
Currently the price is making higher highs and higher lows, so the bullish trend is in tact....but as TimWest noted once, if something gets too obvious, it gets risky and can surprise you, so trade at own risk.
Technicals are on a low, so this supports a short term move up. Caution on earnings.
A-shot investment and trading
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A-shot investment and trading
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.