3 Year Cup and Handle Pattern on daily
This is kind of out there, but what if we are nearing the next phase of a MASSIVE cup and handle formation? Here's my thought: We hit ATH high in the next few days (hopefully) since we broke out last night. We bounce back down to the $.19 level which has currently rejected us pretty hard twice now, so could be good support. Climb back up to the ATH, break through in early to mid May (right at the 3 year mark from the last ATH) and climb straight up to around $.42 to $.45. May be a bit of a wild theory, but would be fun to see a $.45 ZIL in May or June.
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