Stock is consolidating for 3 months after a good up move.
If we connect a major downtrend swing as shown in chart, we get Fibonacci 61.8 percent around 372.5
Also, there is a trendline at this level from Feb 22.
So, if it crosses this level, we can see a very good up move.
If we connect a major downtrend swing as shown in chart, we get Fibonacci 61.8 percent around 372.5
Also, there is a trendline at this level from Feb 22.
So, if it crosses this level, we can see a very good up move.