Allied Motion Technologies $AMOT has been a bullish locomotive since breaking out of a multi-year consolidation in 2017. In 2018, price started to stall under $50 in May, but after a few months of choppy consolidation price action, price started to break higher into new all-time-highs in September. AMOT Daily Chart(click to enlarge)Diamond Pattern:- There was a price top attempt after May. But from hindsight, we can see that the "diamond" price top failed. - Instead, price action maintained the bullish mode and clearly broke above $50 in September. - Now after breaking above the pattern, we should look for the pattern to provide support.Pullback:- Last wee we saw resistance around $55. It remains a selling level for the market this week so far. - Now, if we get a pullback to the $50-$51 area, we should anticipate support, assuming the market is indeed in a bullish continuation mode in the medium-term.- A break below $48 would be needed to kill the bullish outlook in favor of a consolidation outlook, with a possible downside to downside $42.50. - I have noticed that pullbacks tend to take out some previous consolidation low, but only after small periods (within a month) of consolidation. This time, we have a multi-month consolidation that was broken, so I would expect it to provide support.