Key Points:
If we can break out of this resistance level, price target is the next fib retracement and psychological $4 price level.
- Broken out of the long-term trend-line
- Push into $3.30 resistance with huge volume
- Looks like inverted H&S pattern on the two hour chart
- Right shoulder looks like a Cup & Handle pattern
If we can break out of this resistance level, price target is the next fib retracement and psychological $4 price level.