The stock has slightly penetrated the top of the price channel. Moving above it confirms the bullish move. however, if it happens to throw over, it may retrace back to mid-bottom of the price channel and then starts another move.
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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.