$CRCT Breaking Out of High Tight Flag (HTF) Formation

I've been watching this IPO for awhile. It seems to be breaking out of a HTF formation. Often times stocks with this type of power go on to double or triple in value. I'm not predicting, just placing the trade to see what happens. You can see my entry and stop on the chart. Ideas, not investing / trading advice.

Comment:

6/25 I sold 1/4 of my position in this, which was only a 1/3 position to start. (Sold 1/4 of the 1/3 position). It was up over 20% on the day and I just have to peel some off after that. I have also moved my stop to $38. As such this will be a winning trade regardless of what it does. Should this stall and base for a few days, I'll likely add larger to the trade. All TBD.

Trade closed manually:

Closed trade at $39.22. Couple bad days and didn't want to round trip. Overall good trade for 10% profit.