Strong bullish signals on high timeframes = a market convinced BeyondSpring Inc.BATS:BYSIEhrlichmanINTRODUCTION: This is a microcap bio so risk should be managed by strictly limiting position size. I won't bother talking about any fundamentals. We all know what makes startup bios move. THE TA: The above 1M chart provides a clean structure and a view of the following base bullish observations: 1. Overall downtrend is still intact but showing signs of imminent breaking. 2. The structural low at circa $0.54 was followed by a break of local downward diagonal resistance and the opening of a multi-year local uptrend. 3. The multi-year uptrend has printed three local higher lows so far. 4. After the last local higher high from March '24, price action entered a period of distribution/consolidation within a falling wedge pattern. 5. The last two higher lows printed as support on past resistance (gold ellipses). 6. The falling wedge extension provides a forecast to the top of local uptrend for a third local higher high. 7. The falling wedge extension reaches the horizontal area of the legacy gap-down from December '21. This means price action may not stop at the ceiling of the local uptrend and instead continue upward to close the gap and top out in the horizontal channel of market resistance at circa $13. Supplemental TA: 1. 4W stochastic RSI is crossing up 20. Look left to see what price action had done the last two times that happened. 2. Multiple DOJIs on high timeframes. On the 3M, one has already printed and another one or a hammer likely confirms it at the end of June (this month). On the 5M, a DOJI has already printed and it will confirm in 5 more months. On the 6M, a DOJI prints at the end of June (this month); it could end up being a hammer. Every monthly timeframe from 7M to 12M has a DOJI printing right now. FINAL WORDS: Positions should be kept small and closed depending on whether diagonal resistance at the third implied local higher low holds or not. If it shows signs of holding, exit there. If price action breaks through, exit no later than $13. Should the market resistance area violently break to the upside, don't push your luck above $31. The idea is invalidated if the multi-year local uptrend in which price action is currently moving breaks down to become a confirmed bear flag inside the overall downtrend. This will be signaled by price action closing markedly below the horizontal area of support/resistance in which it is firmly rooted at present. *** The above was written by hand. The above is not investment advice. I am not a professional analyst or trader.