A very constructive base building on
MASI
for the last 7 months.
* Decreasing volume during the base construction (Bullish)
* Multiple candle stick demand tails in the last 7 months points to institutions stepping in to pick up more shares on any weakness (indicates demand to the stock even at these higher levels is well and strong).
A strong daily close above $258 will signal the completion of the pattern and should set the stage to higher prices into uncharted territories.
MASI
for the last 7 months. * Decreasing volume during the base construction (Bullish)
* Multiple candle stick demand tails in the last 7 months points to institutions stepping in to pick up more shares on any weakness (indicates demand to the stock even at these higher levels is well and strong).
A strong daily close above $258 will signal the completion of the pattern and should set the stage to higher prices into uncharted territories.
✔ Momentum & Breakout Trader Since 2006 | Influenced by Mark Minervini VCP Trading Style & William O'Neil CANSLIM 📈
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✔ Follow me on Twitter @taplot - twitter.com/TaPlot
✔ YouTube channel www.youtube.com/@taplot