1. Technical Trends and Patterns The price is testing a support area with a double bottom around 141-143 USD. This is a bullish pattern that signals a possible trend reversal. There is a falling wedge, another figure that usually anticipates a bullish breakout. The main resistance to overcome is around 153-155 USD, which coincides with a bearish trendline. The Bollinger Bands are showing a contraction, suggesting that the price could explode in one direction (probably up, given the formation of the double bottom). The previous resistance areas are at 170-175 USD, so if the breakout occurs, it could push up to those levels. 2. Technical Indicators MACD: The histogram shows a weakness in the bearish trend, with the moving averages that are looking for a bullish crossover. A positive signal is confirmed. RSI: Currently around 45, suggesting that the stock is close to the oversold zone, increasing the likelihood of a bounce. Volume: Volume is slightly increasing at the second low, which could indicate accumulation by investors. 3. Possible Scenarios Bullish (Bullish Scenario): If it breaks the bearish trendline and resistance around $153-$155, the stock could have a move towards $165-$170. Bearish (Bearish Scenario): If it breaks the double bottom support at $141, it could fall to the next support area at $135. Conclusion The chart shows signs of a possible bullish reversal, but it is essential to see a confirmation above $153-$155. If volumes continue to increase and the MACD confirms a bullish crossover, they participate in a price recovery. Conversely, if the support is broken, there is a risk of a continuation of the bearish trend.https://www.tradingview.com/x/BpcnyZSk/
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