bullish engulfing after long consolidation toward ATHs.
Canadian Pacific Kansas City Limited shows bullish reversal structure, with a long 2021-to-present consolidation base setting up another all-time-high test.
CP prints a huge bullish engulfing candlestick, and the weekly chart shows a long base of consolidation going sideways since 2021. That multi-year base increases the payoff potential if price reclaims new all-time highs, aligning rail strength with the broader transports trend.
"Transports are close to a breakout!"