Trend: The stock has transitioned into a sideways consolidation phase on the daily chart, following a strong vertical recovery from its major late-March swing low near 120.00.
Price Action: The price ticked marginally lower to close at 137.43 (-0.21%), continuing a sequence of lower highs and higher lows that indicates a tight volatility contraction just above the immediate horizontal support floor near 135.00.
Price Action: The price ticked marginally lower to close at 137.43 (-0.21%), continuing a sequence of lower highs and higher lows that indicates a tight volatility contraction just above the immediate horizontal support floor near 135.00.
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Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.