A double bottom pattern right at the base of the parallel channel along with a bullish divergence indicates upward continuation in the stock for the targets mentioned.
Note
Target 1 achieved.
Note
The pull back is only a retracement and not a reversal. Expected supports are 2207, 2164, 2120
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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.