[isatrader]

MPAA - Attempting a Stage 2 continuation breakout to new highs after consolidating for seven months following an exceptional 300%+ Stage 2 advance since 2013.

Note the Stage 2A breakout in June 2013 and it's characteristics. See how the volume contracted to very low levels prior to the breakout as the stock consolidated - less than 0.2x of the weekly average volume, and then dramatically increased on the breakout at more than 4x the weekly average and then more than 9x the weekly average the week following it. Also note that relative performance was above a flattened zero line that began to turn higher itself, and that there was very little near term resistance except for the early 2012 swing high which it consolidated around following the initial breakout.