stock corrected almost 50% from its 52 week high and we can see double top formation and price corrected and now double bottom is formed and cup is made of double bottom with falling wedge as handle now we can consider it to be in the buyzone and we also see rsi positive divergence + price closing above 75 ema so multiple signals prove that we have a strong up trend
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.