Analysis: The stock has broken out of the bullish flag pattern and is currently retesting the resistance range between 15 and 15.40. If the stock manages to break above these levels, it could potentially move towards the Fibonacci retracement 0.786 level. However, if the stock encounters heavy resistance and fails to break above 15, it may create a bearish divergence on RSI. Therefore, should be cautious and closely monitor the stock's price action and RSI movement.
Stop-Loss: 13.50
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
Stop-Loss: 13.50
Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading or investing in this stock.
