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I haven't taken the Chart School course re: IPO bases.
How is LOCK's current base breakout classified?
Is it a double bottom?
Cup without handle?
or IPO base ? (if so; should these be treated differently?)
I haven't taken the course either, but I would say it's an IPO base / cup with handle (the right half of the price history so far).
Pivot point should be 8.82, and it broke out last Friday.
the stock had a failed b/o on 11-27. this became start of a new pattern (cup) which b/o on 1-18.
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