Breakout With High Volume & Strong Momentum

6월 11일

✅The stock has been in a long-term downtrend since mid-2021, forming lower highs and lower and recently broke the trend .

✅There is a noticeable increase in volume, supporting the recent breakout above the descending trendline. This suggests strong buying interest.

✅The stock is trading above its key moving averages, which have started to slope upwards, indicating bullish

✅RSI is trending upwards, showing increasing bullish momentum without reaching overbought levels.