MSI: U-shaped pattern?

A price action above 314.00 supports a bullish trend direction.
Expect further upside potential for a break above 320.00.
The target price is set at 326.00.
The stop-loss price is set at 311.00.
The U-shaped pattern observed in the price chart may imply a potential for further upward movement in prices. This pattern, often seen as a sign of market recovery or bullish sentiment, suggests that after a period of decline or consolidation, there is a likelihood of price increases as the pattern completes its formation and trends upwards