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FlyFishingStocks

11/09/22 8:46 PM

#393281 RE: FlyFishingStocks #393087

A closer look at the comparison of the squeeze pattern now vs 2021.



Back then, it took 4 days after the trigger bar (green) before prices began to lift and separate from the tight range. Notice the low volume following the trigger bar.



Now we have the exact same thing occurring, 2 low volume inside bars on the heels of the trigger bar. The Bollinger Bands are expanding accompanied by a rising 50MA, indicating further appreciation to follow.