Based on daily chart, the price are consolidating with low volume. This can consider a good sign as it can give a high probability to breakout. Not only that, there is a potential rebound from oversold region if we look at weekly chart.
Comment:
This stock has reached the target price (USD 16.04) on 30 May 2023 and today, it break another resistance USD 17.20
Comment:
The stock move higher today and the next resistance is USD18.66.