Latest test has been near highest 23.6% FIB-level which sits at 41.65$
Stock came down after 17th July 2025 all time high. After 15 market days consolidation stock pulls down to 38$.
Stock retested support 20th August 2025. (Exactly same support/consolidation-zone before run to all time high so around 38-39$ area)
Bounced off that 38-39$ support to around 50$-area. Double top at 51$'s resistance. No support yet. ------> Pulls back to near 23.6% FIB-level. This is IMHO the consolidation-area now.
Strong resistance levels are currently IMHO: High 45$'s, low 47$'s, high 48$'s, high 49$'s, 51$, 52$ & 53$.
Strong support levels are 42.33$, 43.10$, 44.45$, 45.38$, & 47.08$.
It's quite hard to predict how high stock price will go if all time high breaks. My prediction is with upside momentum somewhere between 62-64$'s in upcoming weeks.
Most bearish scenario is 38.2% FIB-level retest at 34.45$. I don't see it myself coming because showing strong support to 23.6% FIB-level 41.65$.
Stock came down after 17th July 2025 all time high. After 15 market days consolidation stock pulls down to 38$.
Stock retested support 20th August 2025. (Exactly same support/consolidation-zone before run to all time high so around 38-39$ area)
Bounced off that 38-39$ support to around 50$-area. Double top at 51$'s resistance. No support yet. ------> Pulls back to near 23.6% FIB-level. This is IMHO the consolidation-area now.
Strong resistance levels are currently IMHO: High 45$'s, low 47$'s, high 48$'s, high 49$'s, 51$, 52$ & 53$.
Strong support levels are 42.33$, 43.10$, 44.45$, 45.38$, & 47.08$.
It's quite hard to predict how high stock price will go if all time high breaks. My prediction is with upside momentum somewhere between 62-64$'s in upcoming weeks.
Most bearish scenario is 38.2% FIB-level retest at 34.45$. I don't see it myself coming because showing strong support to 23.6% FIB-level 41.65$.
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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.