The price is dropping again and is now close to the previous low of $70.08.
At this point, the formation of a double bottom with a recovery is possible.
In the case of a breakdown, however, a decline to the long-term support of $65 (blue line) or even to the monthly SMA200 ($60) is likely."
At this point, the formation of a double bottom with a recovery is possible.
In the case of a breakdown, however, a decline to the long-term support of $65 (blue line) or even to the monthly SMA200 ($60) is likely."
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