Rather than a curvy dish, I see it as a pennant. Curvy dishes are usually called cup and handles where lots of people thinking about selling at one side of the cup, get gloomy when it falls further than they hoped, then get a chance to break even at the other side, delaying a rise while forming the handle, after which it's supposed to take off. I'm not a big believer in that pattern. Though I definitely see it work sometimes, I don't use it as an investment tool.
I've shown said pennant below, but the caveat is there is still not enough volume for me to get confident yet. I do however have an absolute conviction this will rise at least to 75c soonish, and I still reckon it will be the Prada before the golf clubs
PGC Price at posting:
62.5¢ Sentiment: Buy Disclosure: Held
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