is shows a stock that has transitioned from a high-growth momentum play into a long-term sideways consolidation phase. Here is a technical breakdown of the current price action. Long-term view since the peak in late 2021 near 5,900 the stock has been making lower highs. It is currently stuck in a wide range struggling to reclaim its former glory. Current momentum the stock is trading around 3802. It has recently faced a sharp rejection from the 5000 level and is now searching for a floor. Resistance the 4800 – 5000 zone is a massive supply wall. The stock needs to clear this with high volume to signal a new bull run. Immediate Support there is visible horizontal support around the 3300 – 3500 range. This area has historically acted as a buy the dip zone where buyers step in. The dashed line near 3,011 represents a long-term structural base. If the price falls below this the technical setup would turn significantly bearish. The stock is exhibiting a Large Box Consolidation. It moves up hits resistance and falls back to support. For a trader this means the stock is range-bound it isn't trending up or down decisively right now but rather time-correcting.

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