If the current weekly candle on bluzelle can close above the rimline for this cup n handle pattern it should solidify the current bullwick it has made after having a sizeable dip below the rimline earlier in the current weekly candle. Only have to worry about readjusting the measured move line in my opinion if we close the weekly back below the rimline as I would...
A triple bottom pattern Or you could consider it an inverse H&S but its too close for that in my liking Possible reversal?
Bump and Runs are considered in my eyes a neutral pattern once complete. If you catch the bump expect a large run up, above the main trend line . Following this expect the 'run' where price runs back to the major trend line in green.
$BL shows bullish trend before the earning. 12 months Consensus Price Target: $76.75 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge. Thx