has displayed a highly volatile structure over the past several months. After a steady downtrend from August to November the stock entered a broad choppy sideways range. Recently in mid-March the price found a solid bottom support around the 180–185 level. From this base it has made a very sharp and aggressive V-shaped recovery pushing the price back up to current levels near 216.77. Resistance the stock is currently approaching a major resistance zone between 220 and 225. As seen on the chart the price faced rejection and reversed from this specific area multiple times particularly in December 2025 and late January/early February 2026. Support the recent bounce established a very strong foundational support at 180–185. If the stock dips a nearer-term minor support can also be expected around the 200 psychological mark. The short-term momentum is strongly bullish driven by the rapid price recovery and volume surge. However because the stock is stepping right into a historical resistance zone 220–225 it is normal to see a bit of consolidation sideways movement or profit-booking here. A clear daily candle close above 225 with continued high volume would signal a successful breakout opening the door for further upside. Until then it is trading near the top of its recent range. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

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