Rounded bottom = Dependable Indicator = Sharp Rally! $50+ is current target from latest charting! Get ready!!! Below is a summary of the Aritzia stock situation from a broker charting tool, one week ago, suggesting $44-$48. The set up has become stronger since then as it prepares for a powerful rally.
There has been a gradual shift from a downtrend to an uptrend; there may be a sharp rally ahead. The rounded bottom represents a slow and gradual reversal of the trend from down, to sideways, to upward. Volume diminishes near the bottom as the stock trades within a range, and finally bursts as investors become more decisively bullish. While rarer than other reversal patterns and often longer term, rounded bottoms usually mark a major turnaround.
https://stocktwits.com/10BaggerIntrinsicValue/message/559019477