Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.
The stock broke out nicely from a 1st stage, w-shaped base on a promising volume pattern on Friday. The stock is still actionable, but traders might want to purchase a smaller amount now (for example ½ position) and wait for a slight pullback, or for a few days of sideways action so that the breakout is confirmed, for the second half.
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