Historical resistance levels are meant to be tested. A violent recovery from the lows signals strong buyer conviction, turning previous price ceilings into launchpads for the next leg up.
Trade active
Stock is in consolidation near the support zone/breakout zone. 
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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.