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Current price: 13.75
Key point: 13.00
Our preferred direction: Buy positions above 13.00 levels with 15.70 as a first target and then 15.70 as a second target.
Alternative scenario: Stop loss and change the trend by breaking the 13.00 level, targeting the 12.00 levels.
Technical commentary
The stock is centered at a 200-day moving average near the 12.60-12.95 levels, so the stock is expected to rise to the 15.70 levels and then the 17.70 levels.
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