more native english:
--The 20-day Moving Average (MA20) is greater than 60, and this is expected to persist in the foreseeable future. The price 120 days ago that is factored into the 120-day Moving Average (MA120) is decreasing, so the MA120 will also decrease. This will result in a healthy Moving Average structure (if the current price can be maintained).
--The stock has broken through the resistance level that stood for 207 days, and the Moving Average structure is better than when it broke through in February.
--The recent market sentiment has been positive, but not extreme.