- The chart shows that the stock price encountered resistance near the $65 level, subsequently dropping to $52, where it found support.
- After rebounding from this support, the price began to rise, successfully breaking through the Inverted Head & Shoulders pattern that had formed during the consolidation phase.
- Following this breakout, the price entered another consolidation period, created an Ascending Triangle Pattern.
- With another breakout, the stock price surged to an all-time high of $73.5 before experiencing a pullback.
- A bullish Pole & Flag pattern has emerged on the chart, signaling a potential continuation of the upward trend.
- It is expected that the price will break through this pattern and reach new highs in the near future.
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