I see a rising wedge inside of a much larger upwards sloping trend line. Stock may have gotten ahead of itself and could retest $105 (trendline from March).
The pink box shows that price has been rejected at the highs. See the wicks.
Dropping to $105 would not be bearish. Bearish if breaking below that.
The pink box shows that price has been rejected at the highs. See the wicks.
Dropping to $105 would not be bearish. Bearish if breaking below that.
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