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This demonstrates a continuation of the up trend after a short correction, resulting in a 10+% move (picture below):

1) Channel lines are drawn between the previous 2 tops and bottoms.  We're looking for "higher highs" and "lower lows", meaning the previous top is higher than the top before it, and the current bottom is higher than the bottom before it. This shows the up trend. 

2) The price stabilized at a minor bottom and is now accelerating from the bottom of the channel, breaking through the 20 day Moving Average (MA).  Resuming up trend after a minor correction.

3) The brown indicator is the Squeezed MA indicator.  Since it's very low, it indicates the minor correction is over, and up trend is resumed.

4) The fast stochastics is just crossing above the slow stochastics around the 20 line.  This indicates a reversal of trend.  Again, the minor correction is over, and up trend is resumed.

5) The +DI is crossing the -DI indicators of the DMI (ADX) indicator, and forms a distinctive scissors pattern, signaling a change in trend.   The MACD indicator based out just below the zero line and is reversing.  All supporting the change from minor down trend to up trend.


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