Stair-Step Patterns
✔The next type of continuation pattern is what we call a stair-step pattern. Like the flag, the stair-step is going to occur after a sharp trend to the upside. For example, the stock will trade sideways for a few days and then surge to the upside. The result is an image that looks like a stair-step.
Its also a trend continuation...
The Stock has been into bullish trend for a long and has been consolidating at the current levels.
The breakout happened yesterday, today the trendline is tested.
One can see an upmove in short period.
