The weekly breakout has arrived. On the verge of a major reversal. I see this going to $6 per share. I believe we could reach double digits long term.
Previous analysis:
I am long from 2.56, 2.77, 3.15, and 3.05
Previous analysis:
I am long from 2.56, 2.77, 3.15, and 3.05
Note
The pennant has broken out. Price needs to remain strong until the end of this week to be considered very bullish. It would likely establish strong support on the weekly and monthly scales as long as price remains above $3.65. Note
Trade closed manually
Booked a 30% profit on Friday at 4.15. Looking to re-enter at a lower price.
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Related publications
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.