The stock has broken out of the ascending triangle pattern with a good amount of volume and is now attempting to break above the 200-Day moving average while testing the triangle pattern for support at 60 levels. If the stock manages to hold these levels without returning inside the triangle pattern, it should move towards the 68.50 levels at the Fibonacci retracement of 0.618.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Buyers seems to be providing support for the stock around 60 levels.