The major pattern above is an ascending broadening wedge just like the pattern in Tesla shown below.
Notice Tesla broke out of a major multi year (5 year) consolidation and developed a minor pattern above the breakout. After the minor pattern, Tesla shot to 2k + before announcing their split. Here's the analysis I did on Tesla just after it developed a minor pattern above the ascending broadening wedge:
Here is the zoomed in Daily chart of DNLI: This is a confirmed breakout on the smaller time-frame which gives the signal to get long.
Comment
⋅
I added another layer to my position at the market close at $35.40: