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Oleh CourtroomInvestments

  • Previous long term up-moves in the stock peaked out at the 161.8% FR level after clearing their previous all-time highs.
  • However, this time, price is decisively trading above the 161.8% FR level. Long term up-sloping trendline has also been cleared.
  • Hence the on-going up-move is expected to continue.
  • Bullish outlook would remain valid as long as price is above 2300.
Chart PatternsTechnical IndicatorsTrend Analysis
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