Burlington Stores is set for significant upward movement.

16 Agu

• After the market crash in March 2020, the stock price stabilized around the 110 level and began to rise.
  
• This upswing drove the price to an impressive high near 350, reaching an all-time peak.
  
• During this phase, a Rising Wedge pattern formed, and following a subsequent breakdown, the stock underwent a significant correction, returned to its previous support level.
  
• Subsequently, the stock made a strong recovery, climbing to around 250 before encountering resistance.
  
• After a notable decline, it found support once more near 115.
  
• Another rebound occurred, leading the price to a recent breakthrough above previous resistance levels.
  
• It is anticipated that this momentum will persist, leading the stock to achieve new highs in the near future.