CAVA - Double bottom + Descending triangle

CAVA has formed a potential double bottom within a larger descending triangle. On top of that, the stock has also broken out of the internal falling wedge formation with a strong bullish break.

Ichimoku shows potentially a two out of three bullish crossover.

Both stochastic oscillator and 23-period ROC shows bullish divergence AND oversold signal.

Volume wise, last Friday's high volume bar and weak doji candle signals divergence, hence today;s strong bullish opening was confirmed and it ought to rally higher to 125.00 over the mid to longer term period.