Fall Down to $70 Approaching

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With the RSI above average since mid-April 2025, the trend has been steadily rising up to $82 per share even breaking the highs from late February and March.

Price projected onto both (A and B) Inside pitchforks is well above the median line. In the pitchfork A the price is even directly touching the upper parallel line.
Reversal near the highest achieved price this year on 21st February is probable

Based on these indications, we can expect a fall to around $70 somewhere in the middle of May.

Key details:
  • RSI over "overbought" level
  • Price in both Inside pitchforks near the upper parallel line
  • Longer uptrend = breakdown necessary


Snapshot

Haftungsausschluss

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