The stock is trading in the long term downtrend channel and is bouncing off support at 170. Long term resistance is at 185.
This can be a nice positional play for targets of 205 and 220 if it stays above the support this week.
This can be a nice positional play for targets of 205 and 220 if it stays above the support this week.
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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.