Seeing a lot of similarities in the previous accumulation zone to the one we are currently in. Huge capitulation down to a solid floor. Jump above 200MA with one final 40%+ shakeout before the chart gets explosive. Price currently resting on the 200MA. Ideally we like to see this hold and price and MA begin trending upward until it explodes from the energy built at the bottom of the range. Volume needs to begin picking up soon which would support this thesis as it did in the previous accumulation zone. This will require patience and conviction.
Penafian

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