Ideal set of trendline support here. If it were to break we'd be visiting another 50% haircut where a bottom may be found around 88-90$ on the stock. Brutal to think about but it is possible.
If it bounces here we could likely see 190-220 as major resistance on the upside.
Overall bearish but remember this and NFLX got destroyed before any other tech tickers so may be ahead.
If it bounces here we could likely see 190-220 as major resistance on the upside.
Overall bearish but remember this and NFLX got destroyed before any other tech tickers so may be ahead.