Good ABCD pattern visible on both the daily and weekly charts, with strong upward momentum confirming the structure.
Volume has also spiked significantly, adding conviction to the bullish continuation setup.
Immediate resistance is seen around 143, followed by the next target zone near 160, as highlighted on the chart.
Volume has also spiked significantly, adding conviction to the bullish continuation setup.
Immediate resistance is seen around 143, followed by the next target zone near 160, as highlighted on the chart.
Trade active
Target 1 (143) hit today with the stock closing on the upper cap at 146+.Trade closed: target reached
Target 2 (160) hit today. 30% gain in 4 days
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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.