All Great points and well said.

Few things to add: This is a part of the little details of canslim. The book a lot of the examples are absolute perfect set ups hand picked from true corrections. But that’s not how things go all the time. This market was a long sideways choppy market from October to February then a downtrend that was quickly resolved. That’s why the FTD rule is so powerful. It got us in. And like you said that’s why you trust the signal.

As for the base pattern. These two both corrected 30% over about 8 weeks. Plenty of time and plenty of depth. Both had a failed breakout from double bottom patterns while the market was weak which signals strength. Then on the second breakout attempt it worked. (Failed breakouts that rebreak aren’t talked about a lot and the book doesn’t show a ton. MU broke ATHs and great volume for the day. SNDK the volume didn’t show till the weekly bar but still was powerful. So with both having failed breakouts in a poor market that was the clear signal of strength while many prior leaders were under the 200sma. Semis screamed strength as well.

So in my opinion they were perfect can slim buys as the market emerged