No death cross on the daily chart. The stock has significant support at the $73.90 level. Most recent resistance at the $87.10 level.
4H Chart Looking Bearish Short-term but on the verge of a reversal back into bullish sentiment.
We'll see how this plays out with stimulus just being announced with the backdrop of a global semiconductor shortage. It could be choppy, be careful. There could be some chop while the chip shortage is resolved and the tech sell-off finishes, but this should be a good medium-term trade/investment to start building a position in.
Buy under $80.
Price Target $100-115
Stop Loss $70.
4H Chart Looking Bearish Short-term but on the verge of a reversal back into bullish sentiment.
We'll see how this plays out with stimulus just being announced with the backdrop of a global semiconductor shortage. It could be choppy, be careful. There could be some chop while the chip shortage is resolved and the tech sell-off finishes, but this should be a good medium-term trade/investment to start building a position in.
Buy under $80.
Price Target $100-115
Stop Loss $70.
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Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.