Based on weekly chart, the stock is forming a double bottom pattern. We can see, there is a rebound in this week. Not only that, todays movement pattern quite the same as in 12 April 2023, if we look on daily chart. Therefore, this stock might have a chance to have a successful upward movement.
Note
The stock formed dragonfly candle on weekly chart. But, the stock closed lower on daily chart.
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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.