The stock may be getting to close too the sun.
The stock will give buyers a chance once the algos stop forcing markets higher in response to all of the July data on inflation.
After assessing the charts and indicators, here's how we see things going forward.
Is the time right for a downward move?
Let's see what the charts and indicators look like.
It appears the shares of the commerce platform provider should be able to sustain some upside, though a close trailing stop would be in order.
It seems to be time to err on the side of caution when dealing with the Invesco QQQ Trust.
Here's why you should keep buckled up and focused on the indicators, despite reports in popular financial media.
What's going on here?
Here's what traders who are long from our previous recommendation should consider.