Transdigm has established an upward channel after a run which actually resembles a bull flag on higher timeframes. For now, this move will be a short term gainer. If this plays out, it could also possibly invalidate the higher timeframe bull flag and simple be moving up a bullish channel.
Transdigm has had a pattern last 2 years of a midterm fall between Q3 and...
TDG was in a 7 week long consolidation and broke out Friday. However, volume was right around average at only an 8% increase of the 50 day average volume
NYSE:TDG