Primary Pattern: Cup and Handle Formation. Breakout iminent

The stock exhibits a classic cup and handle pattern spanning several months.
Cup formation: The initial decline from highs around 680 to lows near 320, followed by a gradual recovery

Handle formation: The consolidation phase around 400-500 levels before the recent breakout

Breakout: Strong upward movement with increased volume, currently trading around 614.30

Key Technical Observations
Support and Resistance Levels:

Major support established around 320-340 (cup bottom)

Resistance broken at approximately 500-520 level

Current resistance likely around 680 (previous highs)

Moving Average Analysis:

Price has broken above both moving averages (yellow and blue lines)

The moving averages are beginning to slope upward, indicating trend change

Volume Confirmation:

Significant volume spikes during the recent breakout phase (visible in green volume bars)

Volume expansion confirms the legitimacy of the price movement.

think we will soon see a breakout above 700