The Bottom: After a prolonged downtrend that bottomed out around 390 - 400 in early 2026 (marked by the red support lines), the stock has established a clear series of higher highs and higher lows.
Current Setup: The stock is trading at 521.05, showing a strong recovery. It recently broke through the 480 resistance level, which has now flipped into support.
Current Setup: The stock is trading at 521.05, showing a strong recovery. It recently broke through the 480 resistance level, which has now flipped into support.
Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
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Automated Tools/Indicators/Screeners available at kkonline.org/nimblrta
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.