Long term high 331.27 and I would guess there will be resistance there and at prior high of 326.60 as well.
Support at mid cup (MC) and handle low. Possible support at lower shadow of the long legged doji (LL)
Earnings yesterday and must have been received well.
Targets calculated using cup depth and multiplied by fib levels.
As of late I have been staying more aware of prior tops and trying to be sure price gets by it. (o:
There is an unfilled gap in the last cup and handle pattern. It appears to be a break-away gap which may or may not ever fill. In the case of a drastic pull back, it would be strong support.
Thanks for this! I might wait for price to pull back from upper bollinger.
Clarkbar2
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Thank you, Ms Lauralee for the instructive followup to the work on Arista begun this spring.. Your chart is largely now tracking your anticipated track. I'm excited to see the move continue unabated.. GOOD LUCK TO US ALL~!
lauralea
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@Clarkbar2, URW. Hopefully this does well and gets past Resistance. The market has been cruel )o: This one is not usually a rocket stock but has slowly but surely made it to where it is today and has met targets for the 1st cup and handle pattern (o: