The long-term previous top of 
CTSH has been broken in December 2021. Since then, this stock has been doing a nice pullback to the broken zone, which I expect to be acted as the new support line of the chart. During January, February and April 2022, the price retouched this support line, and each time couldn't break it, which shows the high amounts of Limit Buy orders on the line. Two buying scenarios can be organized here, either for risk takers or risk-averse investors:
Risk-takers can enter with the stop loss of $79, since if the stop loss hits, the trend will be completely changed to the downtrend.
Risk-averse investors can wait for a breakup and a slow pullback on $92.2, which is the highest high on the chart.
Price and time target of both positions are mentioned on the chart as "PRZ & TRZ".
CTSH has been broken in December 2021. Since then, this stock has been doing a nice pullback to the broken zone, which I expect to be acted as the new support line of the chart. During January, February and April 2022, the price retouched this support line, and each time couldn't break it, which shows the high amounts of Limit Buy orders on the line. Two buying scenarios can be organized here, either for risk takers or risk-averse investors:Risk-takers can enter with the stop loss of $79, since if the stop loss hits, the trend will be completely changed to the downtrend.
Risk-averse investors can wait for a breakup and a slow pullback on $92.2, which is the highest high on the chart.
Price and time target of both positions are mentioned on the chart as "PRZ & TRZ".
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.