Last week, I suggested that AdTech Software-as-a-Service ("SaaS") provider LiveRamp's (RAMP) stock had formed a bullish cup-and-handle formation and looked poised for a breakout to the upside (see "LiveRamp Stock Up On Securely 'Connecting In A Cookieless World'"). For those unfamiliar with the cup-and-handle formation, see Investor's business Daily's "3 most common and profitable chart patterns" for more technical information. Stocks typically make quite a profitable run after breaking out to the upside from cup-and-handle formations.
And indeed, RAMP broke out of the cup-and-handle formation on strong volume