Fundamentally, this company share price is overvalued , fair value around the 90 dollar mark. Now, we are seeing the price action hitting the resistance level once more.
On a smaller time frame, the bullish stance remains and looks likely to break above which I suspect is false move to trap bulls before reversing down. Let's see how it plays out in a week or two.
On a smaller time frame, the bullish stance remains and looks likely to break above which I suspect is false move to trap bulls before reversing down. Let's see how it plays out in a week or two.
註釋
the short trade set up is off as it has breached above the resistance line
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