is in a solid uptrend with the MA's lining up parallel since quite a while. Since breaking out of its last consolidation, it rallied up about 13%, before consolidation again for just short of 3 months. It broke out on a very bullish
day with huge volume
and has retested the prior resistance. It's now forming what seems to be a bull flag
, with a nice volume
contraction. Both the measured move from the flag and from the consolidation channel would point to a move towards 86 or a little less. That would yield a profit of about 5 %, a stop just under the flag or slightly below the resistance turned support would give a 2:1 risk reward trade.