rose to a high of US$146.81 in June for a 45-per-cent gain in two months . It became extremely extended and was exceptionally far above its 40-week Moving Average .
The stock had a correction toward its Average and the rising trendline , where it found good support near US$95-US$100 . Recent price action suggests the resumption of the uptrend. Only a sustained decline ±US$100 would be negative.Inverse Head-and -ShouldersMonica Rizk is the Senior Technical Analyst of the Phases & Cycles publication
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