MEK Chart, page-2

MEK appears to have completed a very long multi-year base, followed by its first meaningful impulse move, signalling a clear trend regime change.

Price has decisively reclaimed and accelerated away from a rising 25-month EMA, confirming the transition from accumulation into mark-up.

The recent breakout has cleared all prior resistance and pushed the stock into price discovery, with volume expanding on the advance and pullbacks remaining relatively shallow.

This type of structure is typical of an early-stage re-rating, rather than a late-cycle move, and suggests further upside with normal volatility along the way.