Current price: 24.65
Key point: 23.64
Our preferred direction: long positions above $23.64, targeting $28.00, followed by $30.00.
Alternative scenario: stop loss and change direction by breaking $23.25 with targeting $20.00.
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The stock is breaching the important resistance level of $23.64, therefore we recommend opening long positions to target the important resistance level of $28.00, followed by $30.00. This scenario is supported by the Ichimoku and RSI indicators, but in the event of a decline below the important support level of $23.25, the previous analysis is canceled and the first support in this case becomes $20.00
