Price action has formed a large inverse head & shoulders pattern with strong volume confirmation on the right shoulder. This structure implies a potential upside target near $40. The 3 and 7 year moving averages are acting as support, though a pullback toward the 0.618 Fibonacci retracement around $17 remains possible.
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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.