A strong formation can be seen on the charts very clearly! 3yr Weekly Swap turned into DZ which is act as a very strong support now.
A mild divergence was the reason for the stock to apply break on it's upside momentum but this will resume once the marked resistance levels (orange lines) are conquered.
Pivot Reversal Levels:
- Buy above 544.50
- Sell below 487.50
A mild divergence was the reason for the stock to apply break on it's upside momentum but this will resume once the marked resistance levels (orange lines) are conquered.
Pivot Reversal Levels:
- Buy above 544.50
- Sell below 487.50