Finally came back down to my buy target, $235 and $218. Fully expect this to consolidate for the next week moving sideways before moving up again.
Earnings tomorrow, look like this run is starting to loose some steam. I expect some drop on earnings day or after. Looking at $235 to add more.
Price is moving pretty erratic. Gap at $190. I would expect a drop before going up again. But who knows at this point.
Will this current wave be enough to finally break out of the triangle or will we bounce and trade side ways to the very tip... With all the hype around the earnings call. I would say that would be the day for something interesting to happen.
Would love to see this consolidate back to $160 and gear up for a bigger move towards $200. Looks promising.
Based off a possible fib channel and fib levels, we could see another wave up into $2500.
Gap on the daily at $63.XX and strong support in this range. Hopefully we see prices continue to cool off and present a good buying opportunity.
If this is finally wave D completing, it needs to hold this price range and consolidate before big buyers will move in. Still no massive volume spikes.
Trend line broke, not the end of the world. Will need to see some strong buying in the next few days to correct otherwise this trade fails and will fall to sub $100.
Weekly chart, squeeze into August and September. Enjoy the summer...
Watching RSI squeeze into Aug/Sep. Price should continue to squeeze up.
Lines are lines. Who knows what will happen but price needs to move up to 162 to stay bullish or risk downside. Timeline, hedges have been quoted multiple times they will delay to the last minute. Based off these waves that could be May 13/14