11 week base - cup and handle
shakeout in the middle of base on weekly chart.
it changed character to bullish after breaking upper trendline.
then it gave pocket pivot on 20/11/20 off 50 MA which was also low cheat entry.
now it again gave continuation pocket pivot off 10 MA showing sign of strength.
Looking at 600 min and then even further
After long sideways consolidation, it changed the character. Then it formed a low cheat in form of pullback to 50 DMA.
Beautifully rounding out on weekly chart.
Then broke out today on high volume.
Tgt - at least 600 and 620
Nice 14 week base showing signs of accumulation. good fundamentals. holding 50 DMA.
Pocket pivot on Thursday with good follow through. Entry above 1274.
Shows the change of character with pullback entry on 50 DMA.