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
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
Daily Chart: Price has broken above SMA 200 at 60.28 left an unfilled gap and we expect this to be filled in the days ahead. A hold above 73.78 will target the other unfilled gap with a top at 85.80.
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$NEWR 4/4