Long idea - With short holding timeframe in mind
-Stop below 50ema~(1.2% away)
-Potential reward top of wedge~(2.8% away)
Take it level by level to determine if taking profits at the target or if this should become a trade2Hold
The cloud kings have lost their Mojo, investors are starting to look to secure investments, high dividends, utilities,communications and REITs. The smart money is coming to terms with the massive run some of these cloud kings have had and their P/E ratios. Even the chip stocks and semi's offer a much better P/E ratio and provide the actual infrastructure for the...
Perfect bull flag. Target #1 - $172 Target #2 - $183. However, I'll exit regardless prior to earnings or if there is a reason to sell such as a breakdown. I am long. While I believe this is a great entry point, if not already long, I urge you to do your own research, I do not give investment advise.