That mean we can go uptrend soon ?

The short-term upward trend indicated by the stock trading above its 5-Day, 10-Day, and 20-Day moving averages suggests a potential for an uptrend in the near future. However, it's important to consider the following points: 1. **Current Trading Range**: The stock is trading near a resistance area, which could act as a barrier to further price increases. The resistance level is not explicitly defined, but the current closing price is close to the resistance area, indicating a potential for a breakout or consolidation. 2. **Long-term Trend**: The stock is trading below its 30-Day, 50-Day, and 60-Day moving averages, which indicates a longer-term downward trend. This suggests that the bearish sentiment may still be strong in the market, and any uptrend would need to overcome this negative momentum. 3. **Support Level**: The current closing price is at the support level of $457.27, which could act as a floor for the stock price. However, if the stock price were to fall below this level, it could indicate a further decline. 4. **Technical Indicators**: The RSI is neither overbought nor oversold, indicating a lack of extreme momentum in either direction. The MACD is below the signal line, which could suggest a bearish trend, despite the potential for an uptrend. 5. **Market Sentiment**: The stock has faced significant short-selling pressure and allegations of corporate misconduct, which could impact investor sentiment and price movement. In conclusion, while the short-term trend suggests a potential for an uptrend, the mixed signals from the longer-term trend, resistance levels, and market sentiment indicate that it may be premature to assume an immediate uptrend. Investors should monitor the stock closely for signs of a breakout or consolidation before making any investment decisions.