During 2022, investors are trying to avoid technology stocks as rising inflation has driven down consumer spending. This has called into question the financial prospects of some of the world's most expensive companies. Our Analysis:
As long as price is above 134.00, follow the recommendations below: - Time frame: D1
- Recommendation: long position
- Entry point: 137.84
- Take Profit 1: 147.00
- Take Profit 2: 157.00
Alternative scenario:
If the 134.00 level is broken-down, follow the recommendations below: - Time frame: D1
- Recommendation: short position
- Entry point: 134.00
- Take Profit 1: 129.00
- Take Profit 2: 123.00
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