CABO: Three White Soldiers detected on 4 Mar 2026

Cable One is forming a three white soldiers pattern at $109.09, presenting three consecutive bullish closes with improving structure (15.0/15 score). The setup sits 55% above its 52-week low but 62% below its 52-week high, indicating recovery phase positioning. Key resistance sits at $116.36, with support at $70.37—a 38-point cushion below current price. The breakout score of 11.7/13 suggests moderate upside conviction, though volume confirms the weakness: current volume of 130,439 shares represents only 78% of the 20-day average, scoring just 2.4/12. RSI at 57.76 indicates neutral momentum without overbought extremes. The overall 75.1 score reflects solid structure but volume deficit.

Cable One operates in the Telecommunications sector, which is trading with a bullish regime (0.95 score) despite the broader market's bearish setup (-0.23). The stock has surged 34.7% over the past month and 15.91% in just the past week, recovering from a post-collapse low. This recovery aligns with a concurrent post-collapse recovery pattern detected on the same date (27.0 pattern quality score, 23 days old), suggesting institutional accumulation following a prior selloff. A prior bull flag pattern from January 28 (25.25 quality score) indicates earlier consolidation efforts. The company's low beta of 0.66 suggests defensive characteristics typical of established telecom infrastructure plays, which may be attracting rotation capital as sector sentiment improves. The 1-month gain of 34.7% represents substantial momentum despite 3-month weakness of -6.91%, indicating recent catalyst-driven recovery rather than sustained uptrend.

A successful three white soldiers breakout would clear the $116.36 resistance level on volume exceeding the 20-day average of 166,505 shares—currently deficit at 130,439. The conservative target of $115.36 suggests measured move upside of approximately $6.27 (5.7%) from current price, reaching near-term resistance with 71.43% win probability. Historical three white soldiers patterns show higher reliability when accompanied by above-average volume confirmation, which this setup currently lacks. Invalidation occurs on a close below $70.37 support, representing a 35.5% downside risk from current levels. The pattern indicates intermediate-term bullish bias, but pattern quality depends on volume expansion through resistance to validate the reversal narrative.

Volume confirmation is critically absent—the 0.78 volume ratio and 2.4/12 volume score represent the weakest component of this pattern, suggesting retail-led rather than institutional-driven recovery. The three white soldiers pattern is formed during a bearish market regime (-0.23 score), creating headwind opposition despite sector bullishness. ATR volatility at 8.59% introduces meaningful swing risk in either direction. Recent web searches reveal no major recent catalysts, earnings beats, or analyst upgrades announced for Cable One near this pattern formation date, suggesting momentum is driven by technicals alone rather than fundamental strength. The stock's 62% discount to 52-week highs indicates prior fundamental deterioration that hasn't been addressed by recent price recovery. Beta of 0.66 provides downside protection but also limits explosive upside. The absence of abnormal volume confirmation through the pattern and resistance level is the primary red flag for pattern reliability.

We scan more than 6,000 NYSE and NASDAQ stocks every trading day and compare each detected pattern against a database of 370,000+ historical detections. Every setup is scored across three dimensions: Structure, Volume, and Breakout Readiness. Win probability is a calibrated estimate of how similar historical setups performed over the following 10 trading days. This is a swing trading tool built for multi-day holds. It is not built or tested for day trading.