The stock has been moving within a parallel channel and is currently taking support at the trendline (TL). From here, it has the potential to move upwards and reach the resistance line of the channel. This setup indicates a **65%+ potential target**.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.