Technical Analysis:
Triple Top: Line A - Line B
Triple Top Possible: Line X - Line Y
Confirmed Formations:
Triple Top: A-B
Up Trendline (-N-) break during wave (D)
Bounce off trendline (-X-) at point (E).
Notable Mentions:
Trendline (-X-) is 23.6% Fibonacci retracement of 2020 lows to Jan 2022 Highs.
Low volume at peak (C)
Increased volume at point (E) to...
Bullish if we break out of the "Pattern Resistance" $318.28 range. (Double top)
Pullback if we break and hold under minor support, projected support found at $305.50 range should we breakout of the Symmetrical Triangle pattern.
Earnings may disrupt market structure, pre-market analysis will be crucial.
