Cup & Handle
Start forming a Cup & Handle pattern.
Waiting for the handle to form and as well the confirmation when breaking the upper resistance trendline on the handle
Target: in the area of $440 - 470
Waiting for the handle to form and as well the confirmation when breaking the upper resistance trendline on the handle
Target: in the area of $440 - 470
Note
Price moving down to fill that GAP...Premarket so far down to $212 that coincides with the channels bottom trendline so as of now patterns still holds true..
lets see if price bounces from here
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.