We highlighted the stock during April 2023, when it was forming base around its previous lows of 240.
The upside momentum since the base formation is likely to continue since the stock is showing strength by clearing its down-sloping trendline and thus negating the lower top formation.
Volumes continue to remain higher than average.
Price is now likely to test its prior all time highs around 455-490.
Bullish outlook remains valid as long as price is above 340.