After the low cheat trigger (80-85) it gave a weekly gap away move and went for the cheat levels. (120-125) And now it seems to have successfully and heading for a pivot high levels (276-292) which is a supply zone. An 18 week base of 32% range which has also given multiple shakeouts probably removing all the weak heads out it has closed the week on strong volumes.
239 shall act as a support now and a weekly close with follow through shall negate our view or Until the trend line is broken. The stock has made a good squeeze and is now above all its key moving averages.
276 - 292 - 337 - 395 are the levels it can test in the long term.
Disclaimer: This is just a study and shared here for educational purpose. It is not a buy/sell recommendation in any way. If you intend to trade this counter then do your own due diligence and trade at your own risk.
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