Strong Rally followed by period of consolidation with squeeze in volumes showing lack of selling pressure. Stock is resting at support level. if price drops below 180, could trigger stronger selling. A long-term investor may wait for a better entry near intrinsic value 155–160. Conversely and upside break could tigger a fresh rally. Business fundamentals show growth in revenue & profit, but high valuation leaves little room for error.
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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.