SBCL: Third base breaking out, stock has nearly tripledShivalik Bimetal Controls LtdNSE:SBCLVishwajeeth_JKStock spent the start of the year in Stage 4. Slow drift lower under falling averages, one failed pop in February, then a final flush down into the April low. Nothing to do through any of that. April is where it turned. Price came off the low, reclaimed both averages, and then gapped hard through the long term average in late April on the first big volume bar of the move. That was the Stage 4 to Stage 2 handover. Since then it has built three bases, and each one broke out on a gap. Base 1 in May, tight range for about three weeks while the short term average caught up. Broke out late May. Base 2 through June and July, a long one, roughly two months of sideways chop while the rising average worked up through the range and held every pullback. Broke out in early August with a big gap and the largest volume bar on the chart. Base 3 through August, tighter and shorter, sitting right on top of that gap. Now it is clearing the top of it. Today closed at 1124 after touching 1138. Three bases, three resolutions, and the stock has gone from roughly 380 to 1120 in five months. Never vertical, always pausing to let the averages catch up. That is the point of this approach. You do not need to predict anything. Wait for the trend to turn, then take each base as it resolves and let the structure decide when you are wrong. Valid while the base low holds. Close back inside the August range and I step aside. Not a recommendation, just sharing what I am watching.