I thought I would provide an example of a blue-red-blue setup.
The first significant producer stock I opened happens to be AGG.
This one broke out of a down trend, rather than consolidation. Same type of setup though.
The red boxes are buy signals. We had 2 x 100% moves.
The first was reset with another buy signal.
Currently travelling sideways. Distance from trend an issue.
A new buy signal will appear at $5.25. Worth watching for.
I do not own these guys but wish I had. From Sept 2017. A little over 2 years. With most of the action over 12 months.
Now you understand why I have faith in these charts.
