time to buy

I've been cruising through charts looking for a couple of reasonable stock which have been oversold. I really like the look of this chart and it meets my criteria.

It has been in a consolidation pattern since June and had a false break on big vol a few days ago. Volume is now dropping off which signals most of the selling has been completed and buyers are quietly mopping up.

The RSI is just coming out of oversold which I generally find to be a reliable indicator when the other factors I have mentioned come together.

I have been happy to throw a bit of money at this this morning.

Nothing of course is certain in any market let alone this one so DYOR.