The stock potentially has a strong primary trend. The price action witnessed profit-taking from September 2022 on a relative dearth of volumes. In the due course, it formed the ABCD harmonic pattern which ushered for a reversal.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created