after a 14% run in the current situation this breakout may mean a lot. It allows the price to travel through some levels without hitting overbought on indicators.
- Both Daily and weekly MACD are bullish as the stock been diving for a long time
- Breakout of red down channels, and nearing on the resistance from previous tops with strength
- Volumes are nice, and...
1 - Long spread candle on high volume that closes slightly off its lows, but the next candle is up on increasing volume. Notice also that the next candle touches new lows. Accumulation starts here
2 - A low volume narrow spread candle: lack of demand
3 - Again a high spread candle on high volume, the next candle touches new lows but closes higher: another...