Trade talk with China resume, but no indication that it will end on positive note. I presume market will continuously have mix certainty about this and will trade sideways next week until further notice.
If you take a look at volume profile, it looks like our support level recently became our new resistance. Price levels in longer chart shows divergence or high. Bears bout to cross on DMI. Volume are getting lower so maybe a new trend in making. We'll see. Happy trading.
most likely. Overbought level would normalize with minimum decline then most likely go up further. Currently, bullish trend is pretty strong. One would speculate that there is a bubble forming with this stock, but that's too soon to tell. If it keep inflates, then maybe a bubble then. That doesn't mean it'll "crash" though. At least not until their next earnings.