Primary Scenario
We primarily see the stock in a downward move, with the low expected within the blue Long-Term Entry Range ($31.00–$22.15). Once the correction low is set in this area, a sustained upward move is likely to follow.
Alternative Scenario
Alternatively, it’s possible the price has already established its correction low, and a move above resistance at $56.99 and $68.49 could happen soon (probability: 32%).
Long-Term Outlook
On the daily chart, after the ongoing correction wraps up within our blue Long-Term Entry Range ($31.00–$22.15), we expect a sustained upward phase. This should gradually push the stock to new highs above resistance at $179.10.
We primarily see the stock in a downward move, with the low expected within the blue Long-Term Entry Range ($31.00–$22.15). Once the correction low is set in this area, a sustained upward move is likely to follow.
Alternative Scenario
Alternatively, it’s possible the price has already established its correction low, and a move above resistance at $56.99 and $68.49 could happen soon (probability: 32%).
Long-Term Outlook
On the daily chart, after the ongoing correction wraps up within our blue Long-Term Entry Range ($31.00–$22.15), we expect a sustained upward phase. This should gradually push the stock to new highs above resistance at $179.10.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
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Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.