LUNC squeezing for a breakout.
Circle #1 shows where the Pro Blue Osc (Blue Dotted Line) rose above the zero line (Light Blue Line) back at the end of June and is now moving nicely in a consolidation pattern above it. The Bollinger Bands are now starting to come together in a tight squeeze while RSI stays at a healthy bullish level around 50. It just made a Bullish MACD cross as well so all indicators on the Daily pointing to a nice move up.
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