As humans we should be able to analyze history and learn from it. What are we if we can’t learn from the past? Life works in patterns and the past will present itself again in the future.
Here you can see from January to May, there was a rip upwards followed by long consolidation, then another huge rip up.
Consolidation is a very healthy sign and signifies accumulation and demand zones in play. The longer the accumulation the bigger the rip upwards. From May until present day, we ripped and have been accumulating. I bet you can guess what it going to happen next. I’m bullish. I like the stock.