$BCO Building a Base around its 50 MA

Brinks has been consolidating around its 50 MA after a 100% rally from November of last year. If you zoom out to the weekly, the stock is forming a base on base pattern where it initially formed a rectangle pattern, broke out, and now forming another basing action just above that level.

Brinks Co (BCO)- PROVIDES SECURED LOGISTICS, CASH MANAGEMENT AND MONITORED SECURITY SERVICES TO BUSINESSES/GOVERNMENT AGENCIES