This is a technical based short.
Reasons for entry :
-RSI overbought - 74.87 and we see a reversal
-Trading above avg target price $141.67
-Within 5% of 52 Week high .
Profit targets achieved using Fibonacci re-tracement, I like 0.618 level, it looks good with the blue prior resistance trend line (which is now the support should we continue it up the chart) .
Good Luck ~
Reasons for entry :
-RSI overbought - 74.87 and we see a reversal
-Trading above avg target price $141.67
-Within 5% of 52 Week high .
Profit targets achieved using Fibonacci re-tracement, I like 0.618 level, it looks good with the blue prior resistance trend line (which is now the support should we continue it up the chart) .
Good Luck ~
艾力克~