PKI Breakout to All-Time High

NYSE:PKI   PerkinElmer, Inc
In this chart we're looking at PKI on the 1W chart as price has consolidated into an ascending triangle . Price has broken through the horizontal boundary around $98. After price prints a 1W candle through $101.28 breakout will be confirmed.

This ascending triangle has a price target of around $125 for about a ~27% gain.

If you would like to see more of these ideas on a regular basis, follow me as I will be posting many more exciting chances to earn on chart pattern breakouts this upcoming year!

Drop a like or comment if you found this idea informational or helpful in any way!