Based on daily chart, the price are consolidating with low volume. This can consider a good sign as it can give a high probability to breakout. Not only that, there is a potential rebound from oversold region if we look at weekly chart.
Note
This stock has reached the target price (USD 16.04) on 30 May 2023 and today, it break another resistance USD 17.20Note
The stock move higher today and the next resistance is USD18.66.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.