Looks like a Wyckoff distribution range with a failed rally, UTAD. PA tested supply line several times, top of range and was rejected. Break down from a falling wedge. First target is $40.4. Falling out of the range might start a mark down.
Note
First target hit
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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.