SFET about to make a decisive move On the weekly chart: After completing a large cup shape, SFET has been consolidating into a wedge/triangle pattern. A potential breakout was achieved on the wedge, and a curved backtest is underway near 1,20. A broader triangle may also exist, and the action would be nearing completion of that as well. Looking for a rebound off the 1,20 area and a weekly candle close above 1,39 for breakout continuation. Lots of bullish news has been coming out of this one lately, with one PR release accompanying a very large volume spike in April.
