Cup and handle noted and price appears to be in a horizontal trading range after a hefty move to the upside. Targets 1 and 2 were met for the C&H pattern.
This rectangle is neutral until broken.
Some would swing trade inside the structure with caution as eventually this will break one way or the other.
Resistance levels noted overhead.
Earnings 8-2.
No recommendation.
52 Week Range
245.03
535.90
Day Range
511.16
522.66
EPS (FWD)
4.84
PE (FWD)
105.93
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
2.18%
Market Cap
$25.46B
Volume
132,076
This rectangle is neutral until broken.
Some would swing trade inside the structure with caution as eventually this will break one way or the other.
Resistance levels noted overhead.
Earnings 8-2.
No recommendation.
52 Week Range
245.03
535.90
Day Range
511.16
522.66
EPS (FWD)
4.84
PE (FWD)
105.93
Div Rate (TTM)
-
Yield (TTM)
-
Short Interest
2.18%
Market Cap
$25.46B
Volume
132,076
A candle wick has broken the R line. The candle is now a spinning top representing indecision.