MACD has just crossed and reversed on the day chart. Stochastics also reveal in overbought conditions. Movement is to the downside now. Expect it to drop to around $180-$200 range near the 200 day moving average. Stock is extremely overpriced at more than 100x PE
Trade ativo
Initiated position yesterday at $242
Trade ativo
will be monitoring closely as it approaches the 50-day MA support
Trade fechado manualmente
Closed at $230 when it rebounded off the 50day EMA ($225)
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