Stock bottomed in September 2025 and started building from there.
First it worked its way up under a falling long term trendline. That line finally broke around December and price moved into the first base, a wide sideways range through January, February and March. Four months of nothing while the moving averages caught up and flattened out. This is the part where most people move on to something else.
Base 1 broke in April. Price ran hard, cleared everything above it, and Stage 2 was confirmed.
Second base came in May and June, short and tight, holding the rising short term average. Broke out in late June with the biggest volume bar on the chart. That was the move that took it from 570 to 800 in a matter of weeks.
Since July it has been building the third base. Wide range, one sharp shakeout in late August that dropped it back to the base low before it recovered, and now price is pushing back toward the top of the range. Today up 3.84%, closed at 855, near the high.
Three bases, each one resolving higher, and the stock has close to tripled from the September low.
The shakeout in August is worth noting. That kind of flush inside a base is normal, it clears out weak hands before the move. What matters is that price recovered and the base low held.
Watching the third base resolution now. Valid while that base low holds. Close back below it and I stand aside.
Not a recommendation, just sharing what I am watching.