Stock has a history of moving into darvas box and then give a breakout. Last time stock gave a breakout above its darvas box, but then again returned to its previous box. After spending a lot of time in its box, It now has given a breakout not only above its darvas box range, but also above its previous swing high/ATH.
Stocks seems on the verge of a breakout after 2018. Huge accumulation appears on volumes chart.
Stock is finally given a huge breakout after 2019 and was consolidating from last 3-4 months. Volume candles also appears like accumulation was happening in the stock.
Breakout above ATH. Stock forming higher high higher low pattern.
Stock tried to give breakout above its lifetime high, but could not succeed. Now its consolidating near its breakout level.
Stock has given breakout. Next resistance looks at the level of upper line, which makes it a good risk:reward trade considering breakout candle's low as SL.