Stage 1 breakout on weekly charts with good volume
Chart structure:
1. Good correction from the top
2. A base formation with sideways movement for more than two years.
3. Breakout of base with good volume and good green bar.
Volume:
Good volumes in green bars. Sign of accumulation.
1. Good correction from the top
2. A base formation with sideways movement for more than two years.
3. Breakout of base with good volume and good green bar.
Volume:
Good volumes in green bars. Sign of accumulation.