Very symmetrical pattern with recent volume spikes that give it a well-rounded supporting bottom. Look at the last correction - if the pattern diverges away from that, then set a buy order at 53-54 to see if a shake out occurs, but also set a sell stop position at 49 in case the stock breaks down.
3 Positive Technicals
- Money Flows
- MACD's have broken through neutral.
- Symmetrical Pattern