After spending months buying up every share the sellers would give him, the composite man has finally launched the rocket; it would be rude not to hop on for the ride.
Support & Resistance Levels
Next Week (August 4 - August 8, 2025):
Support: A healthy pullback would find support in the $230 - $235 zone. The major support is the breakout area around $215.
Resistance: The immediate resistance is the recent high near $248.
Next Month (to end of August 2025):
Support: The $215 level must hold to validate the new markup phase.
Resistance: The primary target is the next major structural resistance level from the weekly chart, which sits around $280.
Support & Resistance Levels
Next Week (August 4 - August 8, 2025):
Support: A healthy pullback would find support in the $230 - $235 zone. The major support is the breakout area around $215.
Resistance: The immediate resistance is the recent high near $248.
Next Month (to end of August 2025):
Support: The $215 level must hold to validate the new markup phase.
Resistance: The primary target is the next major structural resistance level from the weekly chart, which sits around $280.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.