investjr25

ICHR Pattern Forming for Uptrend

NASDAQ:ICHR   ICHOR HOLDINGS LTD
Back in September of 2017 ICHR formed a pattern that seems to be mimicked by the one forming in the last month of so. As you can see in the video, the pattern is noted by key points that have matching characteristics, including MACD crosses to confirm uptrends and almost mirror-image movements in similar time frames. The first pattern back in 2017 resulted in a long uptrend, and the way the same pattern is forming now (plus the solid past few days of trading), a continued uptrend is very likely. Both trend lines have about the same slope and seem to have similar fluctuations as well. Though it is difficult to predict what with the recent market volatility , I feel confident in a strong surge for ICHR in the coming weeks.
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