Breaking down below Channel support

The Price is moving in a channel, though from last few weeks it has been bearish and doesn't seem to have enough strength to bounce back from the channel support.
I would go short if price closes below 270 for a target of 255.
I would go long If the stock closes above 290.

Yorum:

Price goes above 290 so the stock is back on its upward journey.
Should touch the upper channel line.

İşlem aktif:

Moving up to its channel resistance, One can target 340+ from here.

İşlem aktif:

Still have some gas? Lets see. :)