drchelsea1

INTU - $335 Target / Middle of Channel / Heading Upwards

Long
drchelsea1 Updated   
NASDAQ:INTU   Intuit Inc.
0. Notes to follow;
Comment:
1. Almost a triple top, but we have complete consolidation / correction from Feb 18 2020 until June 30 2020;

2. Another consolidation, back to the bottom of the Channel, and a return to $312.75, not once, not twice, but three times;

3. Above resistance and at the Center of the Channel at $320 or so, and heading to $335 at the top of the Channel;

4. Strong support in the $310 area, with the 3 tests, and now above that zone;

5. Any movement back to the $300 - $310 range, is a buying opportunity;

6. Great long term addition to any portfolio;

7. CRM as well, great play;

- drchelsea
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