Price has reacted to a Monthly Supply and has given a Sell confirmation in Weekly and Daily,
Price has formed a Fresh 6 MOS Demand @ 454.05 inorder to reach the Demand Price has to take a fall, also the Reward to Risk ratio is favourable.
Observations::
the stock is trending upwards in daily time frame.
now the price is facing resistance @ 530 range.
if price break this resistance we have next resistance @ 565-575 range.
now the stock is looking weak in buyside, we have a trendline resistance well,
if price breaks the trendline, we have a chance to buy till the resistance, keep track this...
