Base-on-Base Pattern: How Two Stacked Consolidations Relate

Take a hypothetical stock that spends seven weeks building a base between 43.50 and 50.00, clears 50.00 in week 8 and closes that week at 51.90. Two weeks later it…

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Ascending Base: Reading Three Rising Pullbacks in an Uptrend

Take a hypothetical growth stock that has climbed from 40.00 to 60.00, a 50% advance, and then starts to slip. Over the next few months it pulls back to 52.20,…

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Shakeout Plus Three: Reading the Undercut Reference Level

A growth stock has spent seven weeks building a base after a long advance. Three weeks into the base it set a low at $50. The stock bounced, drifted, and…

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Cup With Handle Pattern: Prior Trend, Handle and Pivot

A growth stock runs from 32.00 to 60.00, pulls back to 44.40, works its way back up to 58.90, then drifts for two weeks inside a narrow range just under…

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Breakout Pivot and Price Extension in Base Patterns

Two traders watch the same base. The top of the range sits at 100.00 and the nearest chart-failure level is a support area at 96.00. One gets a fill at…

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IPO Base: Reading the First Consolidation in a New Stock

A company lists with an offer price of $22.00, opens at 31.50, trades as high as 38.20 in its first session and closes at 34.10. Six weeks later it's trading…

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Read more about the article DSGX +399%: a deep base breakout into the dot-com run, November 1999
DSGX on the 1999-11-26 breakout entry, from my chart archive

DSGX +399%: a deep base breakout into the dot-com run, November 1999

DSGX is back among the day's big gainers this week, helped by a higher analyst price target, so it's worth pulling up a much older chart. Back in late 1999,…

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