Ann: Response to Query, page-26

Today is Wednesday so a look into the entrails is warranted.
There a few important things to notice
Monday was a solid green day which held above the black 8wma all day
Tuesday a few sellers entered the market and drove price down for a while but buyers turned up and pushed price above the 8wma again.
The consolidation across has given the purple 34wma a chance to catch up to the price action.
The lows have been locked in with three pins beneath price which should ensure a price continuation.
A break above the consolidation box is the buy signal