Short‑Term & Mid‑Term Outlook
Near-term: Watch for a breakout above ~$11.30 on above-average volume. If that occurs, expect a swift move toward $13–14.
Mid-term: If momentum holds, the stock could reach $16–18 over the next 4–8 weeks.
Alternative (bearish): A breakdown below the lower flag trendline (~$10
and the 50‑day MA (~
$10.05) could trigger a pullback toward the $9–10 region.
What to Do Now
Watch for breakout at ~$11.30–11.40. A clean break on strong volume could signal a run.
Conservative spec entry on breakout, with stops under ~$10.00.
Target: $17.80 measured move; $16 for more disciplined play.
Near-term: Watch for a breakout above ~$11.30 on above-average volume. If that occurs, expect a swift move toward $13–14.
Mid-term: If momentum holds, the stock could reach $16–18 over the next 4–8 weeks.
Alternative (bearish): A breakdown below the lower flag trendline (~$10
and the 50‑day MA (~
$10.05) could trigger a pullback toward the $9–10 region.
What to Do Now
Watch for breakout at ~$11.30–11.40. A clean break on strong volume could signal a run.
Conservative spec entry on breakout, with stops under ~$10.00.
Target: $17.80 measured move; $16 for more disciplined play.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.