Some key points
I just wanted to show some key points I think will be important if this stock is to shoot up in the near future.
Each red area is a point that price has hit and bounced up significantly. I think it will bounce off one more time before it takes off.
These patterns can go either way but with everything that's going on right now with this stock, its a good possibility it will start a new bullish trend.
Each red area is a point that price has hit and bounced up significantly. I think it will bounce off one more time before it takes off.
These patterns can go either way but with everything that's going on right now with this stock, its a good possibility it will start a new bullish trend.
Note
It could drop down to the supports of 5.57, 5.18 or even 4.87 but that is only if price isn't held around the resistance of the pennant pattern.
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