From a technical perspective, the stock has reached a resistance zone, which also coincides with a three-year pivot level. The presence of divergence in the RSI and a break of the MACD lines indicate a potential price decline.
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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.