Jun. 1 at 1:56 AM
💿
$GDDY at
$85.10 on 1.1x average volume🚨
GoDaddy Inc.
$73.10 to
$173.00 in recent months. Descending channel consolidation.
Descending trendline resistance from the top of the channel converging right at
$89.00. Close above
$89.00 confirms the breakout and the next leg loads.
🐂
$89.00 close confirmed and
$95.00 then
$104.00 then
$112.64 next. Volume already accumulating at the heavy support node.
🐻
$84.97 rejects and
$80.00 then
$73.10 fill in. More base building needed.
⚠️ Massive volume shelf. Descending channel squeeze. Exact trigger level. Close is everything.
📊 Lean: BULL — Price action is riding the largest volume node and pushing up against the descending channel resistance.
#gddy #godaddy #tech #hovdid
