A possible buy signal has emerged in the market, with a price target of $37. The stock appears to be oversold, having touched its support level.
Key indicators are also pointing towards a bullish trend:
* The stochastic oscillator is increasing, suggesting a potential reversal. * The %K line is above the %D line, indicating a bullish signal. * Momentum is also bullish, indicating a potential upward movement.
While this is just a potential signal, it's worth keeping an eye on this stock as it may be poised for a rebound.
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