is currently trading at 1384.40. Looking at the historical movement from late 2023 to early 2026. The stock has been moving in a wide range between roughly 1120 and 1600. It is not in a clear long-term moonshot uptrend but rather a series of structural swings. After hitting a peak near 1600 at the start of 2026 the stock has faced a sharp sell-off. The most recent candles show strong downward momentum breaking through previous minor support levels. Immediate support there is a horizontal support zone around the 1320 – 1350 range. The price is currently approaching this area. If it fails to hold here the next major safety net is way down at 1120 – 1160. Resistance on the upside 1520 and 1600 are the heavy ceilings. Until the stock breaks and stays above 1600 any upward move is likely just a relief rally within a sideways market. The long wicks at the top of recent price bars suggest that every time the price tried to go up, sellers stepped in aggressively to push it back down. This indicates bearish exhaustion in the short term. The stock is currently in a Wait and Watch zone. Opportunity if the price stabilizes around 1320 with a strong green candle it could offer a bounce-back trade. However entering right now is risky because the falling knife hasn't quite hit the floor.

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