news circulating relating to iPhone6 - possible use of GTAT's Sapphire screen technology.
Previous breakout had a similar pattern prior to the breakout. See green boxes at the bottom.
So, even though GTAT is overbought, it can continue to make a move from here.
Risk is high due to 4% average daily ranges for GTAT (80 cents/day).
Upside to $24-$26, but risk is $2.40 from entry.
Tim 11:36AM EST 7/2/2014 20.13 last +0.87
In my own charts, the price is still in tact with the uptrending channel with a resistance at 15.75 at this point and up.