We are expecting the price to make new correction wave and retrace to the 50% fib zone. Stochastic Oscillator shows the stock is oversold, which indicates probable pullback to the upside. Also, the price is currently far below EMA, that is why we are expecting the price to rally.
Entry: 111.7
Invalidation: 107.51
Target: 119.01
Entry: 111.7
Invalidation: 107.51
Target: 119.01
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