So, this is up in the air... many indicators saying bullish, many others saying bearish, but if you look at the 3H (which isn't as popular) it would suggest that at some point tomorrow, we need to touch down around 370s tomorrow.
Of course, it could always just go up from here, but more likely than not, esp bc of the heavy call volume at/above 400, I'm thinking that those options are NOT printing tomorrow. If it's not going up, then it needs to go down.
One of the best indicators showing this is the RVGI crossover -- this implies downward MOMO to next support.
SUPPORTS:
1: Ichimoku Conversion line: around 377
2: Fib support level 1: also 377
3: Fib support level 2: 345
4: 50ma
There is a larger cloud coming up, and I expect it to stay above the cloud... we are in a pandemic, this is Tech, and moreover is a Tech that makes sense FOR the pandemic lifestyle... Even if it stays below, I'd expect bulls to come in and push it through with strong volume, perhaps with some sort of good news. In the meantime, it's still profit taking time imo, and we will see this dip complete either tomorrow (Friday, 9/11/2020) or sometime next week. Once this has confirmed "bottom", then it will surge to impressive ATHs to complement its convenience to business and communication during these harder times.
All the best,
OGD