Followed by new headlines regarding machines warning! here is using Gann Fan for both trends and fibon.. lines with ichimoku clouds . it is wide range between 160 and 75 . Key entry for bulls to close above 130-132 and targets are 141 and 157 . from other side bearish signals starts, if closed below 111 then it will open the gate to so many supports lines at 109-107-105-100-98 then targeting 85 or 75 which is extremes bearish target . if coming earning will be good surprise then the bull wave trend will continue to new all time highs near 200-220 levels which may take some time..
Note
Rejection from Ichimoku red cloud, is one of the bearish signal with high probability.
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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.