MCRL Follow Up

Here's the original MCRL Trade Idea and here's the follow up yesterday.

Here's today's charts...

 This is a small "W" base or small double bottom on the daily chart.

 Here's a better look on an hourly chart.

 Yesterday near the close there was a brief breakout, 3C did not confirm it as you can see at the red arrow and MCRL has pulled back. Usually these bases will pull a move like this, pullback and gather some steam and then go for the breakout, look for an increase in volume on the next attempt.

I do think it will breakout because the long term hourly hart has such a positive disposition, there appears to be a lot of accumulation at the second low so keep this one on your radar, some of you might already be in it, I think it will be fine.