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AI Summary
StalkDespite a longer-term downtrend, the early Stage 1 base produced a clear Momentum Breakout in early May that underpins a bullish medium-term bias. However, price has extended sharply above the 9/21 EMAs into overbought territory, making immediate buying unfavorable. Patience is warranted until a pullback into the rising EMA zone or the prior resistance-turned-support region, where acceptance can be assessed before entry.