base-breakout gap-up 6 weeks ago keeps trend higher.
ICLN is in an up move with a base breakout gap-up 6 weeks ago, benefiting from oil spikes and energy demand.
ICLN is described as gapping up into a base breakout about 6 weeks ago and still gaining from that point. The mechanism given is that when oil prices spike and oil reserves decline, alternative energy can see a pronounced move to meet electricity needs.
"This Market Rally Is Starting to Narrow"