The Trust Layer for Market Analysts

The stock has shown strong upward momentum, breaking out of a long-term downtrend channel and consolidating above a key support level at $44.11. The recent price action on the hourly chart indicates a bullish continuation, with strong green candles and buyers defending the $44.11 support. The RSI also shows strength. The immediate target is around $58.42, with a potential extension to $60-$63 and possibly new all-time highs if momentum continues. The upcoming earnings report on May 7th is a key event to watch, as positive results could fuel further upward movement, while negative surprises could lead to a retracement.