Currently the stock price is trading in corrective wave ABC on hourly charts..
Impulsive waves and Corrective waves has shown on the chart in combination.
Also , just to add on the stock price is forming head and shoulder pattern on the same chart on the same time horizon.
Candle stick pattern looks comfortable on daily and weekly time frames.
The stock price has taken support on long term trend line.
Also trying to hold 200 DAY EMA and SMA on daily charts..
Here is the snapshot:
