is currently showing a strong short-term recovery after a noticeable correction. The stock recently bounced off a lower base and is now making its way back up toward key overhead resistance levels. Resistance the immediate hurdle for the stock is the psychological level of 500. More importantly there is a major resistance line clearly visible on your chart around 527. A decisive breakout above this level is required to confirm a strong bullish trend reversal. Support the immediate support level sits around 450. The major swing low which acted as a strong reversal point recently is in the 400-425 zone. Short-term buyers should avoid fresh entries at current levels and wait for a decisive volume-backed breakout above 527 or look to enter on low-volume dips near the 450 support. Existing holders should continue riding the upward momentum but strictly trail their stop-loss to 450 to protect their capital against sudden reversals. 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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