Breakout from cup without handle? Testing major resistance.

Currently testing resistance at $3.88, if it breaks out I see it hitting $5.35 in the next two weeks and $5.80 by the end of March. If it breaks through the red resistance trend line, it'll already be too late to buy. This is a $6 stock mid-April at the latest.

I believe we saw a cup without handle from August to November, huge volume on breakout. Could be looking at big gains from here on.

Now looks like a good time to buy. I don't see it getting back down to these prices any time soon.

Kommentera:

Absolutely smashed through resistance at $3.88 while the whole market was down, continuing up in AH.

I'm thinking this either finds some resistance around $4.50 next week or continues up to around $5.30.