is chart displays a classic market cycle transition. During the first half of 2025 the stock was in a powerful uptrend peaking above the 1300 level. However since July/August 2025 the momentum has completely shifted. The stock is strictly following a downward channel forming consistent lower highs and lower lows. This indicates that sellers have been dominating the market for the past several months. Support Zone 940 - 960 the current trading price of 960.60 is hovering right at a critical support level. The stock previously found a floor around here in February 2026. If it fails to hold this zone and breaks lower with heavy volume the next major historical support sits much lower around the 880 - 900 range the starting point of the late-2024 rally. Resistance Zone 1080 - 1120 if the stock manages to bounce from current levels it will face heavy resistance near the 1080 to 1120 mark which represents the most recent lower high. The overall structure remains bearish. The stock is showing weakness and trading near recent lows. When evaluating setups like this for portfolio allocation it is generally risky to try and catch a falling knife. It is usually safer to wait for the price action to consolidate form a solid base and break above the previous swing high resistance to confirm a genuine trend reversal. 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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