Accumulation Cylinder, Livermore Pattern. MOG is showing a textbook Livermore Speculative Pattern right now, and it's looking super bullish. For those who aren't familiar, this pattern is known for leading to explosive moves, and all the signs are pointing towards another big leg up.
We've already seen the initial accumulation and breakout, and now we're in the reaction phase—exactly what you want to see in this setup. The price is consolidating nicely, which could be setting the stage for the next massive run.
The volume patterns are supporting this move too, with strong surges on the upswings and lighter volume on the pullbacks—classic bullish behavior.
If this pattern plays out like it usually does, we could be looking at some serious gains ahead. Definitely worth keeping MOG on your watchlist if you're not already in!
