A technical look at the stock
on September 10, 2021 and targets of $64 and $69 on September 9, 2022 . The stock fulfilled the latest targets in April and then ran into resistance at $69 for about five months . The recent move above this level signaled a breakout and the resumption of the long-term uptrend .
Behaviour indicators including the rising 40-week Moving Average and the rising trendline confirm the bullish status. There is good support near $66-67; only a sustained decline below this would be negative.Be smart with your money. Get the latest investing insights delivered right to your inbox three times a week, with the Globe Investor newsletter.
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