First noticed this when I was scouting $ABR as a potential candidate for puts. I was looking for H&S setups, and liked the look of it. If you look at $ABR chart (daily or weekly) I imagine you'll see what I mean. Looks like we're peeling off the 20MA on the 1D to the downside. (Earnings are tomorrow, as a heads up)
But yes, this led me to look at other names in...
Ricky C called our attention to this ETF. Looks strong. Likely breaks bullish... but a nice channel, easily repeated a FEW TIMES in the recent months / years.
A fun ETF to keep your eyes on from here.