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HOME FIRST Breakout from Rising Channel- Keep In Radar
✅The stock has been trading within a rising channel and is currently breaking above the upper boundary near 1150. This breakout indicates a potential continuation of the bullish trend.
✅ The RSI is trending upwards around 66, reflecting strong bullish momentum. The stock has consistently respected the rising channel, with the current breakout suggesting further upside.
✅ With the breakout confirmed, the stock could target higher levels, with 1350 as the next potential resistance. Traders should watch for sustained price action above the upper channel line to confirm the bullish breakout.
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A simple trader, distancing from the fake crowd. Simplifying complexity, I prioritize genuine insights over trends.
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