has demonstrated a massive V-shaped recovery this year. After a severe downtrend from January to April 2026 where it bottomed out near the 170-180 level price reversed into a very strong and aggressive uptrend. It is currently trading at 301.80, placing it right at its recent peak.
Resistance the stock is currently testing a critical resistance zone right around the 300-310 mark. It has been consolidating moving sideways in this area for the past few weeks which is a healthy sign after such a sharp rally. Support if a pullback occurs immediate support can be found in the 280-290 range. A deeper more significant support level lies around 236-240 which is highlighted by the horizontal dotted line on your chart a previous resistance level that may now act as support.
The stock is actively testing a major resistance zone near 300-310 fresh buyers should wait for a decisive daily closing above 310 before making new entries. For existing holders the recommendation is to continue holding but place a strict stop-loss near the 280-290 support area to lock in recent gains. If the price rejects the 310 level and begins to fall booking partial profits would be a wise decision to minimize risk.