I see a pretty good looking cup with handle pattern for LESL. This isn't a William O'Neil IBD perfectly drawn chart, but not all cup/handles have to follow the rules exactly. Volume dropped off during the handle. Touch to the 50dma on 5/12. Moving averages are now in an uptrend. RSI, MACD and STOCH all trending up as well. Today's price broke through the 20dma and closed above it. I'm looking for a full candle above the 20dma. I'd also be looking for big volume to come in on a breakout day around $29.76. For some reason 5/25 sounds about right for a breakout. Due your own due diligence. This is not financial advice. Be well.
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I also think we are in a Phase D of a Wyckoff Accumulation model.
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Comment: LESL raises full year outlook. Mentioned on CNBC Power Lunch. Josh Brown is long. Today it broke through my overhead resistance line on decent volume. 10dma above the 20 which is above the 50. RSI trending up (66), MACD and STOCH trending up. Technicals + Fundamentals looking good. 25% short interest could lead to short squeeze. What if WallStBets got a hold of this one...