TGTX possibly breaking out of a long basing formation

By I4
Updated
After failing to follow through on the 02/05 breakout, were now back at the 50ma with a gap fill along with decreasing volume. I think this is a hit or a miss, it'll most likely bounce strongly and make new highs or continue grinding down through the 50ma.
Trade closed manually
It doesn't look like its going to hold here after not holding today's small bounce. Will keep an eye on this going into next week.
Chart Patterns

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