is nearing the resistance level
640 - 650. If it breaks the resistance with volume
, the price may gain another 60 to 80 points in 6 months to one year. In that case this pattern is rounding bottom. If the price retraces and then breaks the resistance, the pattern will be cup and handle
. Both cup&handle, rounding bottom are trend continuation patterns. Both the patterns shows the stock is bullish
. Keep it in watch list. When the price nears the resistance the movement will be in sideways before it tries to move further.