MA is looking at a potential bullish upside after resuming back into its major uptrend line. With the resistance zone between 575.60-595.90 tested multiple times, the stock is looking at a weakening resistance zone, therefore increasing the probability of an upside break. MACD is looking at steady upside momentum. Stochastic just crossed above the 50-mid level and it indicate an resumption of an upside. Target is at 672.oo over the longer-term period.
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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.