Higher Time Frame (HTF) analysis on the weekly TF. Clear Bearish bias with last leg up not running the previous key swing high, price sharply reversed and has left behind a liquidity void above (could yield higher prices to collect orders in that area), but overall, we appear to have a repeat of bullish turned bearish market sentiment.
Since the ATH, we can see price has retraced -37% before putting in a new LH then sharply returning to break the support below, and has since repeated yielding similar percentage moves. If bias and structure maintain the current bearish sentiment, i would anticipate the 90$ range to be the next area of orders to be ran.
No personal holdings or bias for this stock, i do have close friends that work for the company and hold shares, so ive tried to keep my analysis as unbiased and completely impartial.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.