As new accumulation slowly shakes out the last crowd of losers, a stock's character changes.
Prices push toward the top of key resistance.
Short-term relative strength improves and charts print a series of bullish price bars with closing ticks near their highs. Finally the issue begins a steady march through the wall marked by previous failures. Stocks must overcome gravity to enter new uptrends. Value players build bases but can't supply the critical force needed to fuel rallies. Fortunately, the momentum crowd will arrive just in time to fill this chore.