Thanks nlight, my conclusion is based on similar setups of other stock that u have seen the same pattern in.. I am not an chart specialist 4sure h.e.h.e but as you can see cbs.v has the same similar setup as glxi and their rises has been founded on fundamental news. a strong increase in share price and then a sideway patter leading to another leg and strong upward move in share price. Exampel BNC.TO in december we had that same pattern and a breakout with news. I appreciate your comments cause i am no specialist in this area,i trade mostly on fndamental.. Chears IzY <img src=http://stockcharts.com/c-sc/sc?s=BNC.TO&p=D&b=5&g=0&i=t60221108448&r=1345>