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ICCSA is looking pretty interesting. The yellow line is the former all-time
high - the stock just recently started breaking out.
On the weekly chart you will note the tremendous swell in volume as it comes
up to it's former all-time high. It's formed a classic "cup-and-handle"
basing pattern, as shown (roughly) by the purple curves. There's a
cup-and-hande within the main cup, shown in cyan. A classic self-replicating
pattern.
The daily chart focuses on the current "handle" formation. Arrows mark key
accumulation days coming off dried-out volume lows. The volume pattern shows
the characteristic "ramping down" behavior on the pullbacks.
All the signs are present for a big move to come.
fwiw, phil
http://www.patterntrader.com
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