Above 2470 this stock will be rocket aiming for 40% ROI
The stock has been forming a falling wedge pattern which is generally considered a bullish reversal signal. The price has recently broken out from this falling wedge, signaling the end of the downtrend and a potential start of a strong upward move. The breakout level near 2370 confirms that the stock has reversed its prior bearish trend and is ready to move higher.
The next critical resistance level is 2470 aligns with a previous consolidation zone. A breakout above this level could lead to a strong, non-stop rally as indicated in the chart. The stock could easily target the 3600 zone in a strong bullish move, representing a 40% gain.
The next critical resistance level is 2470 aligns with a previous consolidation zone. A breakout above this level could lead to a strong, non-stop rally as indicated in the chart. The stock could easily target the 3600 zone in a strong bullish move, representing a 40% gain.
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