SWRLS

HNST Cup and Handle Breakout

Long
SWRLS Updated   
NASDAQ:HNST   The Honest Company, Inc.
HNST is looking really good on the daily chart. It's already tripled off the lows, but is in the end stages of a textbook cup and handle and currently grinding up at resistance. A volume breakout, or a red to green open should send this straight through that $3.50 resistance. RSI held 50 and is now creeping it's way back up slow and steady. Could be due for another explosive move.
Comment:
Breaking out nicely. Let's hope for some followthrough this week.
Comment:
HNST retesting 20 EMA. Not looking great, but giving it some time

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