Sports Direct - All set for a spike

Sharp rebound from the symmetrical triangle support last week followed by a bullish break from the pattern. coupled with the fact that the 50-DMA, 100-DMA and 200-DMA have bottomed out suggest th stock is poised for a rally.

Also note, the bullish 50-DMA and 200-DMA crossover is set to happen at the low end of the downtrend!