$KRFG close to technical breakout?

By greybeard34
KRFG

It's been on a long down trend over the past few months, but looks like we are on a semi-solid base here. If it breaks out of the descending triangle, my goal would be .01 for an exit. Of course, merger news sends this to previous highs, but just looking for a technical bounce here.
Trend Analysis
greybeard34

Disclaimer