The price corrects significantly following the quarterly earnings report and drops until it reaches the long-term support highlighted in blue, where the price halts its decline.
A rebound from this support level is very likely, as it has been providing support for the price for the past 10 years.
A rebound from this support level is very likely, as it has been providing support for the price for the past 10 years.
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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.