RE:Breakout ...mesa1 wrote: from a 9-week flag. Classic bullish consolidation pattern. They are called bull flags because the pattern resembles a flag on a pole. The pole is the result of a vertical rise in a stock, in this case the move off the climax selling mid-March. The flag results from a period of consolidation and is a horizontal rectangle - angled down away from the prevailing trend which is up. Text book classic.
i don't understand a word of it, but if it means all longs get rich, I'm good.