VantageMarkets

Intuit to find buyers at previous resistance?

Long
NASDAQ:INTU   Intuit Inc.
Intuit - 30d expiry - We look to Buy at 507.51 (stop at 491.51)

Price action continues to trade around significant highs.
The primary trend remains bullish.
Short term momentum is bullish.
Previous resistance located at 505.
Previous resistance at 505 now becomes support.
We look to buy dips.

Our profit targets will be 547.51 and 552.51

Resistance: 550.00 / 560.00 / 570.00
Support: 534.60 / 520.00 / 505.00

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