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The stock currently sits above what has proven to be strong support @ $43.9
Watching the orange trend line as support as well, it holds strong on the weekly timeframe. Looking to bounce off this.
Possible long on hold above @ $43.9
Upside targets: $48, $50, $52.69
Possible Short Entry: $42.3
Caution needed in this stock as we have a possible Double Top pattern forming. Follow levels accordingly
DotcomJack | MJ of Stonks
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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.