Wick

Rounding bottoms

Chart Patterns

The saucer

A slow, smooth U. Sentiment turning gradually, not violently. Long bases make strong launches: the longer the saucer, the more supply has patiently changed hands.

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Why do longer bases produce stronger breakouts?

  1. Luck
  2. More weak hands have transferred shares to patient ones correct
  3. They don't

Time in base = accumulation. When sellers are empty, even modest buying flies.

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