Everything is explained and visible on the chart, we are in front of a huge rising wedge which consist basically of the whole life of this stock. We will soon enter the third period of the life of this stock, each period lasting 22 years, which could see the stock breaking out of this rising wedge formation.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.