The Stock is trading in a falling wedge pattern and breakout from the pattern may result in breakout in the stock.
Moreover, if you see it's RSI, though the price was making a new low, RSI was failing to enter the oversold area which suggested comparative strength in the stock.
I am totally BULLISH for the stock.
Once it breaks the 2007 level with Volume and Conviction, the prices will reach 2250 in 3-4 days.
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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.