The stock is consolidating near the 89 level with strong support from the 100 EMA and the upward trendline. A breakout above 90 could push the stock towards the 96-97 range, offering a potential 7-8% upside. The formation of higher lows suggests bullish momentum building, and an increase in volume on breakout confirmation will be crucial for sustained upward movement.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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Join our community in telegram for real time updates --- telegram.me/marketiik
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Telegram- telegram.me/marketiik
A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.