May. 23 at 7:04 PM
Do not look away from
$A next week! 🤯 We are walking into a massive structural junction on Agilent as they prepare to drop their Q2 print on May 27th. The weekly frame has spent years compressing inside a giant wedge, and the volume profile shelf is completely maxed out right at the current price.
The business is positioning for a major trend shift behind the scenes. Analytical markets revenue is expected to climb over 6% YoY, and recent updates to their trace element ICP-MS platforms are capturing high-end corporate lab upgrade cycles.
🐂 Bulls: Must push a clean daily/weekly close above the upper trendline at
$128.00. Forcing a breakout here shifts macro control over to the buyers and opens up a clean run toward
$144.50.
🐻 Bears: Need an immediate earnings rejection to snap the lower support line at
$111.00. If that structural trendline snaps, momentum takes over for a deep flush down to the value base at
$95.00.