I'm with you on this. I'm looking at the 4 hour, daily and weekly charts: The 4 hour charts are showing strong short term momentum and that trickles down to the daily and weekly momentum as well. the 10 EMA is about to cross the 50, if that happens thats a good sign. But, as can be seen on your chart there is
heavy resistance at ~ 183 and also 188. All of that on top of upcoming earnings can really make this stock swing heavily up or down. On thing is for sure: volatility is ahead.
If the price starts falling and maintaining outside of the upward trends, i am O.U.T. out
OssamaEssalehi
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@ebred, thank you !Good luck and keep your money safe !
heavy resistance at ~ 183 and also 188. All of that on top of upcoming earnings can really make this stock swing heavily up or down. On thing is for sure: volatility is ahead.
If the price starts falling and maintaining outside of the upward trends, i am O.U.T. out