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This looks like a double bottom chart; but the breakout week over the pivot was actually less volume than the week prior or the week after.
any other criticisms of this chart?
The C-D part of the double bottom (if you want to call it that) was a little bit too short in my opinion. It went down to D very quickly - in just one week pretty much. So I would say it's a cup. It broke out from that on Friday, but on just average volume, so I wouldn't buy it yet - if at all.
Part of a a very strong group not yet on the radar. TV station stocks have been ripping, TVL, GTN, SBGI. This one is probably going higher. BLC looks good as a breakout now too.
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