NBCC - Bottomed Out
Long weekly down trend appears to have bottomed out with a surge in volumes forming a "Cup" pattern.
Thereafter, slight retracement from marked yellow resistance zone confirms formation of the "Handle" to the "Cup".
Breakout of the Cup & Handle is indicative of a Bullish Reversal, which could push up towards the next resistance zone.
NFA. DYOR.
Thereafter, slight retracement from marked yellow resistance zone confirms formation of the "Handle" to the "Cup".
Breakout of the Cup & Handle is indicative of a Bullish Reversal, which could push up towards the next resistance zone.
NFA. DYOR.
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