Uptrend Pattern: The stock has been consistently forming higher highs and higher lows since May, suggesting strong bullish momentum.
Recent Performance: The price has reached a new high at 1,580.6, maintaining the upward trajectory. The price is currently at 1,569.4, close to its recent peak.
Key Levels: Significant highs include HH 1580.6, HH 1450.8, and HH 1409.9. Notable lows for potential support are HL 1395 and HL 1314.45.
Momentum: The continuous progression of highs and lows without major pullbacks shows solid momentum, which indicates the stock could continue its upward move if the trend remains intact.
Potential Risks: Any break below the recent higher low levels, like HL 1395, could signal a potential reversal or consolidation phase.
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