Datatec has formed an accumulation trading range (TR) and backed up (BU) to the TR after the breakout. Today there was a breakout of the BU Trading Range. The markup in Phase E can now be expected and potentially could close the gap formed in January 2018.
Note
We have seen a consolidation at the yearly pivot point with declining volume and divergence in the RSI. A break of the pivot point could result in a good move higher but a break of the advancing trend channel will cancel this idea.Note
Well, it was a break of the channel and 50DayMA.Note
A spring and break above the yearly pivot point with volume could indicate that this was reaccumulation. 
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.
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.