Like Resourcehorse called it The perfect classic textbook pennant.
I was worried by the two failed attempts last week to get the share price up on very high volume. Thus was expecting a double bottom, albeit the second one slighly higher than the first. Anyways, no so.
I find this very reassuring. We have ourselves a rock solid base with significant accumulation in the 30's.
Controlled or not, makes daytrading volatility go away. IF we ever gap up as opposed to a progressive climb, it will be too late and only the longs will have been rewarded.
It's all good!
Staying focused on the bigger prize.