Analysis: Considering the bearish divergence on RSI, lower highs, and the rising wedge pattern, it's safer to exercise caution with a stop-loss below the previous higher low level and wait for a breakout of the descending trendline on either the price or RSI. If the stock stays above the 10-day moving average, it could be a positive sign.
Stop-Loss: 39
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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.