The price seems to have found a bottom and is beginning to rise, supported by rating upgrades and strong sales forecasts for the next quarter.
It is approaching a breakout above the black resistance, with the next target at $104.10 (light blue resistance), the previous high, where it will also meet the weekly SMA200.
This could be a potential entry or accumulation opportunity.
For greater safety, wait for a confirmed close above $104.10 to validate the bullish signal.
It is approaching a breakout above the black resistance, with the next target at $104.10 (light blue resistance), the previous high, where it will also meet the weekly SMA200.
This could be a potential entry or accumulation opportunity.
For greater safety, wait for a confirmed close above $104.10 to validate the bullish signal.
Note
+14% right now
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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.