I like this stock because:
There is a nice breakout flag pattern.
The candle of today was very strong on thre upside.
The volume was very strong.
What i like is that stock bounced early this month and did a nice run but the last three days, the stock retraced a little bit with very low volume so that shows that the stock took a pause and today i think it is the beginning of a continuation from the previous uptrend. ( nice uptrend move, retracement (pause with low volume, people are taking profits, prove that the move is healthy)and then we see a nice breakout with good volume, its always the same, the stock move in cycle!
There is a nice breakout flag pattern.
The candle of today was very strong on thre upside.
The volume was very strong.
What i like is that stock bounced early this month and did a nice run but the last three days, the stock retraced a little bit with very low volume so that shows that the stock took a pause and today i think it is the beginning of a continuation from the previous uptrend. ( nice uptrend move, retracement (pause with low volume, people are taking profits, prove that the move is healthy)and then we see a nice breakout with good volume, its always the same, the stock move in cycle!
