This is a bull idea for SMID showing a channel that is acting as a flag.
The move up allows for the formation of a nice W formation this is coupled with a triple bottom, Outweighing the strength of the Head and Shoulders .
Bullish momentum should carry this higher within this curved area.
Great volume bars , tons of accumulation on this . We broke up out of a base today with nice volume to help validate the entry . Also decent relative strength. SMID had a weaker start but strong close . This paired with the base break, low selling volume in base and the recent weeks of huge accumulation volume bars makes this a buy for me . Entered at the close ,...
