Strong breakout on DATAMATICS
A sequence of consolidation patterns in a stock may imply that it is preparing for a noteworthy movement, and if it is trading above important moving averages, it may indicate a robust bullish trend. Furthermore, breaking through the recent all-time high level is a distinct indication of the stock's upward momentum.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.