The stock has been moving up steadily and undertone looks bullish. Price has cleared resistance and the supports are holding: a classic sign of uptrend. Am expecting a rally to 298.8.
Trade chiuso: obiettivo raggiunto:
Price is within the striking distance of the target mentioned earlier. Tighten stops and/or exit partially.
Price has broken below the red-dashed-support line. In all probability, expect a slide to the lower red support line. This would be confirmed if the price fails at the broken support line at 275-ish, which would now act as resistance.