Unprecedented volume on this move up. Building a bull flag on the 30 minute (very well behaved with Fib retracement) to launch higher this week and persisting through the end of the year. Not shown on this chart, but it is tracking the upper Bollinger Band as the price rises. If it pops beyond a 2.3 BB look for a little dip to get in.
This is a speculative, momentum play based upon the reported spurned buyout offers of between $3-5 dollars per share. Analysts have upgraded price targets from anywhere from $15-30 dollars (indicates a growing buzz).
This is a speculative, momentum play based upon the reported spurned buyout offers of between $3-5 dollars per share. Analysts have upgraded price targets from anywhere from $15-30 dollars (indicates a growing buzz).
Comment:
Price has broken through the bottom blue channel line. Unless it can re enter the channel by end of the week (12/6) I will exit and re-enter at a more propitious time.