DQ - High Tight Flag - 2020-12-15

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.