A Stock People Love to Hate is Working on a Decade-Plus Break-out

The pattern on the stock below is one of the more compelling we’ve seen in a very long time.

It’s a bullish ascending triangle pattern and has formed for over a decade, going back to 2001.

If one compares it to the recent pattern in SODA that launched a 20%, two-month rally, they’ll notice the similarities.

The difference is that SODA’s pattern was all of a few years old whereas the one below is over a decade long in its formation.

While we won’t reveal which stock we’re focused on, we’ll point out people do love to hate it and have been calling for its demise for just as long as the pattern’s been forming.

In effect, not too dissimilar from NFLX, which we show at the inset below, which went on to rip ~7.5x in a few years after breaking-out from its own ascending triangle pattern.