DQ Breakout Trade Setup:
- Initial Surge: Stock rallied 170% before pulling back.
- Consolidation: Traded sideways for 8 weeks, forming higher lows and tightening up.
- Entry: Breakout above the upper trendline.
- Exit: Bearish Engulfing Pattern.
- Gain: 20% in 7 trading days
This setup capitalized on a strong continuation pattern, leading to a quick profitable trade.