Note
PRICE HAS RETRACED INTO HEAVY VOLUME RESISTANCE/FIBONACCI RETRACEMENT LEVELS. OVERNIGHT, PRICE DROPPED ON AMAZON AND APPLE NEWS, AND BROKE THE NEARTERM UPTRENDLINE FROM THE RALLY OFF OF THE MARCH LOW. A SMALL DROP FURTHER AND SMALL RALLY UP COULD FORM A 1 HOUR BEARISH HEAD AND SHOULDERS, WHICH WOULD GIVE A HIGH PROBABILITY OF PRICE FALLING FURTHER. STRONG SUPPORT @ 2600.Disclaimer
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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.