Ticker JOE is breaking out of a year long base. “The bigger the base, the higher the space” I think that’s the saying they like to throw around.
This chart is a weekly chart, even though the week has not closed out, I wanted to share it sooner just in case price continues to rally aggressively into the close of the week.
This chart is looking very constructive, and looks to be signalling a potential new leg higher and the breakout is being supported by higher than average volume showing strong participation.
