255 is my target here which represents a 10-13% correction from current levels
I doubt we break below 250 before sept.. eventually this stock will head back to the bottom of its long term channel
For now I think we close this gap at 279 .. most likely a bounce will come there because of the daily 20ma
Price could close gap at 292 with earnings and then fade from there
Price could trade inside this wedge for the next year
Logarithmic scale used
I doubt we break below 250 before sept.. eventually this stock will head back to the bottom of its long term channel
For now I think we close this gap at 279 .. most likely a bounce will come there because of the daily 20ma
Price could close gap at 292 with earnings and then fade from there
Price could trade inside this wedge for the next year
Logarithmic scale used
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