the stock is currently showing signs of a strong bullish recovery. After hitting a significant low around May 2025 near the 560–600 levels the stock formed a solid base and has been making higher highs and higher lows.
The price action toward the end of the chart Feb 2026 shows a sharp vertical move indicating that buyers are aggressive at the current price of 877.05. The stock is approaching a historical resistance near the 900–920 range. This was a point where the price struggled in late 2024 and mid-2025. A breakout above 920 could trigger a massive rally.
There is a very strong support zone around 720–740. As long as the stock stays above this level the long-term structure remains positive. The chart displays a massive W Pattern (Double Bottom) or a large Cup and Handle formation developing over the last year. Very Bullish in the short term.
Since the price has moved up very quickly recently a small pullback or retest of the 840 level is possible before it climbs further. This would be healthy for a sustained move.
Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.