It seems we may have found our bottom on this name and will likely find upside in the coming weeks. We have tested the upper channel there multiple times and with the right catalyst and volume, we could finally break above it. Which will give us room to move to 211 and then 216. A break above 216 can give us big moves towards the 220-240 zone.
However in the same retrospect, if we reject that upper channel one more time, I am afraid we have a good chance of coming back down to the lower channel drawn
However in the same retrospect, if we reject that upper channel one more time, I am afraid we have a good chance of coming back down to the lower channel drawn