Forming cup with the rim around $52. Break above the rim could send the stock to $62.
Target 1 - $59
Target 2 - $62
Target 3 - $75 (very very long term)
Risk - Unable to break above the rim $52 and retrace back to $45
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Target 1 - $59
Target 2 - $62
Target 3 - $75 (very very long term)
Risk - Unable to break above the rim $52 and retrace back to $45
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.