10 weeks consolidation
Pocket pivot off 50 DMA
strong prior move
Volume contraction - very good
SL - 56.5
TGT - 75, 80
The volume activity this week
shows very strong uptrend and momentum.
Watch out. If it breaks out of the channel,
it can give at least 25-30%.
The stock has shown much strength in a volatile month.
Also the volumes have been increasing over the past 4 weeks.
SL: 500 (on a closing basis)
8 week FLAT base. BO on strong volume. Off 50 DMA. Strong prior uptrend.