1. The stock halted its downtrend, finding support and consolidating at the golden ratio of 61.8%.
2. Following the consolidation, there was a significant volume breakout on the weekly chart.
3. This breakout aligns with the characteristics of an ascending right-angle triangle pattern.
4. Notably, the stock rebounded from the trendline support, previously a resistance in the prior trend.
2. Following the consolidation, there was a significant volume breakout on the weekly chart.
3. This breakout aligns with the characteristics of an ascending right-angle triangle pattern.
4. Notably, the stock rebounded from the trendline support, previously a resistance in the prior trend.