Consolidating post a mid-range channel breakdown (Oct 18 to Jul 19). Post the break down stock dropped by 20% and then is trading in a 10% range for month of Aug 19 with large swing days. The rectangle breakout above 550 can be used to go long above 550 (above historical resistance level). The target could be 600
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.