Volumes were quite high, and the stock was forming a higher top and higher bottom patterns. From highs, the price witnessed some selloff to form a flag pattern. It breached the pattern and was trading at an all-time high level of 102 this week.
AI stocks: Midterm elections could threaten AI trade as data center backlash grows
Public opposition to US data centers and the November midterm elections could reshape AI infrastructure investment. Increased regulatory scrutiny, rising electricity costs and construction delays