Analysis: The stock is currently testing the Fibonacci retracement 0.65 levels, while creating a bearish divergence on RSI. A bullish signal for the stock would be a breakout above the 138 levels and descending trendline on RSI. However, if the stock breaks below its previous higher low of 131 and 10-day moving average, it may retest the 30-day moving average for support.

Stop-Loss: 130

Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
cseTrend Analysis

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