Intuit Inc.
Long

INTU Weekly: Testing Critical Support within Long-Term Uptrend

179
INTU Weekly: Testing Critical Support within Long-Term Uptrend

  • INTU demonstrates a robust long-term bullish trend, consistently trading within an upward-sloping channel on the weekly timeframe since early 2023.
  • Following a recent peak, the stock is currently testing the "Current Support" zone between
    620-640, an important area for potential bounce and trend continuation.
  • Should the immediate support fail, a more significant and robust support confluence lies within the "Fib Golden Zone" (540-570), reinforced by the long-term Anchored VWAP.
  • If current support holds, initial upside targets are identified at $700 (Target 1) and $780 (Target 2), with the potential to eventually re-test the upper boundary of the long-term channel.

Haftungsausschluss

Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.