Technical Analysis and Outlook
Bulls rebound from unfulfilled Stock Dip $1062 (In sympathy with other tech stocks up move ) signaling that higher prices are a possible interim by targeting Mean Resistance $1139.50 (For The Bulls). If the stock extends the ascend by closing above Mean Resistance, this would confirm that a short-term bullishness has been positioned with Key Resistance $1203 at stake.
Bears can keep an eye on the first Mean Support $1080 freshly created and confirmed on Oct 12 as well as awaiting seasoned Stock Dip $1062. Second well established Mean Support crossing is located at $1062 as well, while 'VERY MAJOR' Key Support is printed at $1001.
Bulls rebound from unfulfilled Stock Dip $1062 (In sympathy with other tech stocks up move ) signaling that higher prices are a possible interim by targeting Mean Resistance $1139.50 (For The Bulls). If the stock extends the ascend by closing above Mean Resistance, this would confirm that a short-term bullishness has been positioned with Key Resistance $1203 at stake.
Bears can keep an eye on the first Mean Support $1080 freshly created and confirmed on Oct 12 as well as awaiting seasoned Stock Dip $1062. Second well established Mean Support crossing is located at $1062 as well, while 'VERY MAJOR' Key Support is printed at $1001.