Stock is ready for a strong breakout- keep in radar

一昨日

✅ The stock is forming a symmetrical triangle pattern suggesting a period of consolidation before a potential breakout. A breakout above 85 with volume will likely lead to further bullish momentum.

✅ The rising trendline from previous lows around 73 provides a strong support zone indicating the stock’s resilience to downside pressure.

✅ Recent sessions have seen a noticeable increase in trading volume, signaling growing interest among market participants. This supports the bullish breakout potential.

✅ Currently at 60 RSI is heading upwards suggesting increasing bullish momentum. A move beyond 65 will strengthen the bullish case.

📈 A sustained breakout above 85 can propel the stock towards 92 initially, with a potential to test 100 in the short to medium term. Watch for volume confirmation to validate the breakout.