I believe chart will move like this in coming days.
Careful about breakout from here. Looks good entry from here. I am bullish on it. But there are chances it may go down.
It could be buy entry if candle close above yellow line and next candle open and close above yellow line.
Upward trend break. It may go down from here $3819
Its a slow bleeding bearish. It may show some strength. But right now I clearly see it will go down to Target 2.
I can see movement in this chart. If it breaks the block you can see upward trend.
It May touch to target 2. And then rebound. I can clearly see that its a slow bleeding.
I am nervous on this stock. Fundamental of this stock is strong. But technical analysis it looks bearish to me. On 1 week chart rsi is making lower high. Also it seems in next few days it will go down. Will see how much it goes down. Its best wait for pattern to break.
Long term its bullish. On safe side buy only when price come above 200EMA on 1 day chart
You may see bullish trend from here. Price target $66
Lets see how the pattern break?