I think we are seeing the beginning of a nice run TA wise. We have built a solid floor (read that as a "rerate" fundamentally) and the weekly shows a very high probability that we will be well into the 20's soon IMO. Well supported by GANN fan as well technically, on top of a bull flag structure. This is one of the best pattern set ups TA wise as the runs are usually large proportionally.
IMO, I wouldn't call this form a cup and handle at this stage given that that form requires a dip at the handle which then retraces and breaks out. That is a good pattern too.
Also noticing that our daily close has often been lower than the VWAP which is a very positive sign. Yesterday we saw $40 of stock sold into 17 just before the close. You have to ask why anyone would sell such a small parcel of stock at a lower price point just before the bell.
I think that we have a few TA indicators now that are consistent with a strong breakout looming. The SP has consolidated very well here and we are just in the last few days seeing that directional move unfolding.
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