Formation of a symmetrical triangle pattern. Key levels to watch are 222, 237, 253 and 287 on positive momentum.
Above 287, can see a breakout move given the consolidation phase the stock is in since the high.
188-175 can act as important support zone. However, price breach on the downside at 165 can see the stock price even go lower till 150 level.
Always trade with a strict stop loss.
Note: Personal analysis, not a buy sell recommendation. Please do due diligence and consult your investment advisor.
Above 287, can see a breakout move given the consolidation phase the stock is in since the high.
188-175 can act as important support zone. However, price breach on the downside at 165 can see the stock price even go lower till 150 level.
Always trade with a strict stop loss.
Note: Personal analysis, not a buy sell recommendation. Please do due diligence and consult your investment advisor.
