Price went below the range but heavily rejected to the upside holding the Ichimoku cloud. Analyst targets at $47-$50 and $54.
This looks like the beginning of a very well-identified read - a bullish breakout - originally identified and published on August 12th, 2021. I am fairly confident this will reach the previous all-time-high and likely move quickly to the upper $80s.
Hub Group $HUBG appears to be forming a bull flag, following the breakout of a 13-year structure. $75 could happen quick. Watching this one closely and will continue to update.
MRCY: Mercury Systems Inc 2019-05-30 16:15:00 Mercury Systems Receives $3.9M Contract to Prepare Next Generation Airborne Radar Processing Subsystems for Production - GlobeNewswire
HUBG: Hub Group, Inc. 2019-05-28 16:05:00 Hub Group, Inc. Announces $100 Million Share Repurchase Program - GlobeNewswire
The HUBG chart shows a confirmed Head and Shouldes pattern that provides a possible rebound on $4.25. According to this, there is a possible large position when the price hits the reboung area. Set a Take Profit on $51.70 (14.27%) and a Stop Loss on $43.60 (3.54%).
HUGB chart has showed an "inverted head and shoulders" pattern. After the pullback and the price rebound from that neckline, we recommend a long position, setting a Take profit at $51.30 (14.27% profit) and a Stop Loss on $43.60 (3.54% loss). The inverted head and shoulders is a trend reversion pattern, so after the pattern is formed (including the pullback) we...