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malteseinvestor
@malteseinvest
Analysis: #NYSE $NEWR

Case 288 #New_Relic Inc.

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

#NEWR 1/4
Chart 1
Weekly Chart: Price has reclaimed broken #trendline #support and #Fib 0.618 at 56.44 and is currently running into #SMA 200 and 50 resistances at 65.60/76 respectively faltering. A close above .....

NEWR 2/4
..... 73.78 will target firm #resistance between 92.50 - 100.30. and then 103.40.

NEWR 3/4
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#support #resistance #Strategy #Fib #New_Relic #trendline #SMA #NYSE #NEWR

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