Buy signal indicated on 27th October at $213. Price is now at 207 which is a good entry IMO.
Looks like price is respecting the 200ma on the 4 hour chart. If it stays within the triangle I think we will break higher over the next couple of weeks as earnings were solid albeit a slightly bearish outlook from the company.
Stop: 170
TP: TBC
Looks like price is respecting the 200ma on the 4 hour chart. If it stays within the triangle I think we will break higher over the next couple of weeks as earnings were solid albeit a slightly bearish outlook from the company.
Stop: 170
TP: TBC
Trade closed: target reached:
Trade closed at $253 for a 21% gain.