I didn't realise until tonight, this is a great example of a powerplay. See Mark Minervinis stuff for more info on what the basic rules are.
AXE came out of a Slightly weird base, but lifts 100%, then bases for a couple of weeks, less than 20% pullback, before a powerful breakout.
I was too close to it to realise until now. But worth looking for these power play setups, because they offer very good rewards if you're sharp enough to catch them.
AXE came out of a Slightly weird base, but lifts 100%, then bases for a couple of weeks, less than 20% pullback, before a powerful breakout.
I was too close to it to realise until now. But worth looking for these power play setups, because they offer very good rewards if you're sharp enough to catch them.