Just wanted to give an update on this. It's important to remember that we can't always predict the market, which is why it's wise to buy on dips even if it fits our previous pattern.
Given the current significant sell-off, we can anticipate the next support level to be around $107-$108. The stock's fundamentals and future prospects are strong, so there's no need to panic sell. Hold onto the stock until it reaches our target. Start adding to your position near the support levels mentioned.
This stock is very volatile in both directions, but our target of $140-$150 is still achievable within 1-2 months. I focus on swing trades with a profit target of 15-20%, and I don't engage in long-term investments or day trading.
This graph is based on my observations. I encourage you to conduct your own analysis before investing or trading any amount in any stock.
Thank you