CW is in a short term uptrend, which looks to continue due to volatility up to earnings!
The RSI and SMII are looking oversold on the daily time frame. Probability is that price will drop come earnings time. Resistance looks to be around $122.05.
If price breaks decisively above $122.05, look for a retest of new support and price to continue upwards (unlikely). Key reactions look to take place around the resistance in the upcoming week.
This is not advice to buy or sell, and is meant for educational purposes.
The RSI and SMII are looking oversold on the daily time frame. Probability is that price will drop come earnings time. Resistance looks to be around $122.05.
If price breaks decisively above $122.05, look for a retest of new support and price to continue upwards (unlikely). Key reactions look to take place around the resistance in the upcoming week.
This is not advice to buy or sell, and is meant for educational purposes.