Agreed, I see this is a stage one break. It hasn’t event tested the 10/20MAs suggesting this is very early in a larger move. Just noting I can see potential for a near term blow off before a period of consolidation and then trend continuation.
With market leaders you have the potential to see many short bases between trends, we’re not even at the first of these IMO.
if this is a market leader, this is very early in the piece.
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