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Breaking down below Channel support
Atualizado
The Price is moving in a channel, though from last few weeks it has been bearish and doesn't seem to have enough strength to bounce back from the channel support.
I would go short if price closes below 270 for a target of 255.
I would go long If the stock closes above 290.
I would go short if price closes below 270 for a target of 255.
I would go long If the stock closes above 290.
Nota
Price goes above 290 so the stock is back on its upward journey.Should touch the upper channel line.
Trade ativo
Moving up to its channel resistance, One can target 340+ from here.Trade ativo
Still have some gas? Lets see. :)
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