Id prefer a cup and handle.
The retest of the 13.8c purchase has provided us with a strong new bottom.
From my rough count on daily volumes ~90mill in volume has traded since the retrace.
Some are traders movements but some will be LTHs.
Those traders have been/will build a position. Come the touch of 19c they will sell for an easy trade. Hence the retrace and the formation of the handle.
A big pump tends to lean towards a head and shoulders.. and then enter the bears.
Slow and steady
QPM Chart, page-1034
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