Uh here's uh PII, a computer services company with a really strong move off this low. So, we went from a new low straight up to a new high. Took out this swing low and then immediately turned around and took out this swing high.
So, that reversal pattern really is a nice setup, especially if we can make a higher low and a higher high. We've really turned the corner and we're starting a new leg to the upside, a new trend to the upside.
But, I would be watching this because the strength of this move Let me zero in on this so we can really see it. Um the because of the strength of this move, we can see the MACD and the ADX confirm the move and the volume, right?
If we get a pullback and then a turn to the upside, a high I would consider I call it a higher low. If a higher low forms, we curl here, then I would be willing to do that prior to waiting for another breakout or something like that.
Because of the way this has played out with the strength to the upside, we can look to play a pullback in this. So, certainly something worth watching from that standpoint.