This is a case study, which is a part of my learning experience for future records
not an investing/trading recommendation
details of the small accumualtion and distribution and further time line to b updated below and continued as a study
For reference, this is 1994 edition of Jim Forte's "anatomy of trading...
the markup target has been derived from this point and figure chart..
This is a classic case of stepping stone reaccumualtion
there is one prior reaccumualtion which needs a special study as a case
will be updating below
Disclaimer.. Not invested, Not an investing / trading recommendation
THE SCALE IS NOT LOCKED, ZOOM ACCORDINGLY WHEN NECESSARY
In the daily chart..
A potential bullish cypher is due completion...
this is a point of good long entry planned..
The other long entries are planned in phase c and d as mentioned..
the Markup target is a conservative one, and will be updated once...