What home work was this your referring to - just curious. Keen for any learning opportunities anyway....
But my chart basically showed some smart money buying in the last week or so (not last two trading days or three though). So on that sense I've bought into potential positioning of smart money...
Not too sure about the theory behind the base as illustrated on your chart - but somne explanation would be good for educational purposes?
YBR Price at posting:
60.0¢ Sentiment: None Disclosure: Not Held