It has broken a long lasting negative trend indicated by the trendlines and RSI and MacD. Though there seems to be a rotation from growth to value-stocks combined with the fact that all sustainable stocks seems to be old news. It may therefore take som time for the stock to recover, but it will most likely happen.
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.