Potential Scenarios:
Bearish Scenario: If the stock breaks the neckline at $250.96. The downside target is generally calculated by measuring the distance from the head to the neckline, and projecting that distance downwards from the breakout point.
Neutral Scenario: The stock could consolidate around $250, fighting to break upward.
Bearish Scenario: If the stock breaks the neckline at $250.96. The downside target is generally calculated by measuring the distance from the head to the neckline, and projecting that distance downwards from the breakout point.
Neutral Scenario: The stock could consolidate around $250, fighting to break upward.
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