This is an intra-year C&H pattern and there is plenty of resistance overhead. At cup break out, there will be a gap to encounter with possible resistance at the top of that gap.
Negative volume is high on this one. Short interest 6.26% possibly due to the resistance overhead or anticipation of the next "buy stocks on sale" market day.
Yearly high is 174.94. U came off the bottom with an inverse head and shoulders pattern and has broken neckline a while back.
The 50 has crossed up and through the 200 SMA. The 200 a bit flat today but the 50 is sloping up as is the 100.
no recommendation
Negative volume is high on this one. Short interest 6.26% possibly due to the resistance overhead or anticipation of the next "buy stocks on sale" market day.
Yearly high is 174.94. U came off the bottom with an inverse head and shoulders pattern and has broken neckline a while back.
The 50 has crossed up and through the 200 SMA. The 200 a bit flat today but the 50 is sloping up as is the 100.
no recommendation
Comment:
9/23 throwback at resistance