As it can be observed from the chart
1- The stock had a clean breakout from a downtrend line formed since 2023 high.
2- The stock retested the trend line after the breakout during the Trump tariff announcement and the stock gained all the loses which is a sign of accumulation in the stock.
3- The stock Just reclaimed 2023 lows with high volume after fake breakout.
4- The stock is currently trading above 100d moving average.
1- The stock had a clean breakout from a downtrend line formed since 2023 high.
2- The stock retested the trend line after the breakout during the Trump tariff announcement and the stock gained all the loses which is a sign of accumulation in the stock.
3- The stock Just reclaimed 2023 lows with high volume after fake breakout.
4- The stock is currently trading above 100d moving average.
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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.
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.