A major breakout is underway in FirstService (FSV.TO) shares. Back in April, the shares peaked between a $216 closing high and a $220 intraday high. Since then, the shares have been in consolidation mode but through that, the establishment of higher lows has signaled that underlying accumulation continues. The shares have now closed above $216 and moved intraday above $220 indicating growing interest, a close above 220 would complete a bullish Ascending Triangle and confirm the start of a new upleg.
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