The "Orange Zone": There is a clear supply cluster between 630.45 and 638.10. The stock has reached this level twice in the last two months (March and May 2026) but faced sharp rejection both times, as evidenced by the long upper wicks.
Current Candle: The price is trading at 605.60. The current week is forming a small green "Inside Bar" following a large red rejection candle. This suggests the market is undecided and is waiting for a fresh trigger.
Current Candle: The price is trading at 605.60. The current week is forming a small green "Inside Bar" following a large red rejection candle. This suggests the market is undecided and is waiting for a fresh trigger.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
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Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
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.