is currently in a sideways consolidation phase. After hitting a peak of approximately 380 in early 2024 it has been making lower highs and lower lows but it recently found a strong floor. It is currently trading around 236.70 trying to base itself after a long correction. Major support there is a very strong demand zone between 190 and 210. You can see that every time the price enters this zone late 2024 and early 2026 buyers step in to push it back up. Recently resistance the first hurdle is at 260. If the price breaks and stays above 260 we could see a quick move toward 300. Major resistance the 320–340 zone remains a heavy supply area where the stock has previously faced selling pressure. The chart shows many wicks long thin lines suggesting high intraday volatility. This means the stock can move sharply in both directions within a single day. There is a slight bullish attempt in the most recent candles early 2026. The stock is bouncing off its support which is a positive sign for short-term traders. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

#WatchOutFor#EquityResearch#TechnicalViews

1,105 likes·55 comments