The stock broke out of 2015 highs and corrected within less than 20% under the 2015 high for 3 months showing the strength in the stock and huge volume accumulation led to the breakout. good fundamentals and decent Q2 results.
Nice analysis, how do you read accumulation/distribution from the indicator applied on your charts?
Mohank23
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@zaidsk70, when the accu/dist curve is rising means the ratio of demand is higher than the supply and vice versa. but at the same time, RSI should be on a rising trend.