• Price has seen 18% correction from its all time high, which is in line with its past intermediate corrections.
  • Stock is forming a base at its support given by 61.8% FR level.
  • Additional support zone is placed at Gap area of 400-390.
  • MACD going above its trigger line with price clearing 470 could be seen as confirmation of up-trend resumption.
  • Price could then form a new all time high.
Chart PatternsTechnical IndicatorsTrend Analysis

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