After a huge sell off from a high if 90 stock has corrected to 70 levels and then consolidated for weeks . It appears that the stock is in a longterm uptrend since its rally from 46 to 90. At current juncture stock has completed the consolidation pattern and seems poised for rally towards 78 in 15 days. A closing below 68 will means bears have got the grip and the bulls have to exit thier positions negating thier view.
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