this chart appears to be da clincher "like in softball." both are good and last longer.
these scenario thesis are very interesting.
re; You can see in that chart the long term downtrend, the sideways bottoming action, the initial wave of buying on huge volume, the low volume pullback, and finally the broken trendline. Monthly charts are great for looking at the bigger picture, and overall MONA's is looking very favorable, so now you have to zoom in to shorter time frames for timing your trades better.
answer you have covered this well sort and long term. thanx,
excerpt; a sign of the price trading in a narrow range for quite some time, so it's also often a sign that a breakout is forthcoming.
excerpt; Merger news would be very nice right about now. =)