A fundamentally strong infrastructure stock appears poised to break out of significant Gann levels after a prolonged consolidation period.
This potential breakout is supported by positive factors such as increased trading volumes, strong RSi indicators, and a close above Gann box levels.
In the short term, the stock's performance is expected to remain influenced by the long-term trendline resistance.
A swift and substantial move is anticipated once the stock successfully surpasses this trendline, which could be a suitable point for reassessment.
This potential breakout is supported by positive factors such as increased trading volumes, strong RSi indicators, and a close above Gann box levels.
In the short term, the stock's performance is expected to remain influenced by the long-term trendline resistance.
A swift and substantial move is anticipated once the stock successfully surpasses this trendline, which could be a suitable point for reassessment.