1. Accumulation stage

- 2 Months of accumulation stage with consistent low volume

- narrow spread bars will supported above 20/40 MA

- followed by wide spread bar with high volume

2. Shake out

- Red Pentagon and SO ( sell-off) signals appeared

- down bar with average volume

- Followed by SP ( spring ) signals and wide spread up bar with relatively higher volume

3. Green Pentagon

- Green Pentagon reappeared with increasing volume

- well supported above 20/40 MA

- Potentially shakeout completed

- Testing resistance above

- Monitor for break-out and continuation of trend.

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Disclaimer: This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock.