The weekly breakout has arrived. On the verge of a major reversal. I see this going to $6 per share. I believe we could reach double digits long term.
Previous analysis:
I am long from 2.56, 2.77, 3.15, and 3.05
Previous analysis:
I am long from 2.56, 2.77, 3.15, and 3.05
Comment:
The pennant has broken out. Price needs to remain strong until the end of this week to be considered very bullish. It would likely establish strong support on the weekly and monthly scales as long as price remains above $3.65.
Comment:
Trade closed manually:
Booked a 30% profit on Friday at 4.15. Looking to re-enter at a lower price.
