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Analysis: #NASDAQ $LOGI

Case 409 #Logitech International S.A.

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

#LOGI 1/4
Chart 1
Monthly Chart: Price has gone #parabolic smashing through the 2018 #pivot and sloping #trendline resistance at 49.96-53.20 respectively and overextended way beyond the 2 year range. Synthetic #resistance at 74.81 - a close above .....

LOGI 2/4
..... targets 91.27. Immediate #support is seen between 67.66/04, then 58.42 and 53.88 (2018 trendline turned support).

LOGI 3/4
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