Cats I would say more likely a double or equal top, accumulation distribution indicator seems to be in sell off mode. Now if there were signs of accumulation I would agree with you.
Charts can change quickly though and I could be wrong, but there is no handle formation that I can see
I do not fully trust indicators too much so wouldnt be too concerned re that. Best to wait for the full pattern to emerge if it does then buy the break out with a stop loss just under the break out.
Cats I would say more likely a double or equal top, accumulation...
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