- The light blue horizontal trend line, representing the 1.8 million shares of overhead supply set on May 3 at 20.30.
- The dotted red line, representing the upper trend line of the descending channel extrapolated from the solid red lower channel line.
- The olive line, representing the 50 day EMA at 20.01.
Support is the cyan horizontal line at 17.80. Given the strong momentum, I suspect it would break out after a few sessions of consolidation.
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