Today's cleanout trade was a big, big piece of good news for the upward movement of this stock. It was an overhang that is finally gone. The block deals floor price was set at 775, but the trade was executed at 803. The entire trade was consumed in the pre-market window. As we know, the stock had given an 8-month breakout last month. Today, the stock gave a closing above the resistance of this pattern with very high volumes. The first target is 1182, and the second target is 1500. The overhang of the Carlyle Group still remains, as they still own around 19% even after selling around 12.8% in late July. For now, let the stock fly.
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