Everything is coming together. The chart shows a rising pps nearing the descending trend line from the high at $2.60.
This descending trend line has just intersected with the resistance line at $1.03.
RESISTANCE/SUPPORT 0.98, just below resistance, 1.03 ± 0.03, type Single, strength 3 Resistance Above : +5.1% at 1.03 ± 0.03, type Single, strength 3 (This is fairly weak resistance.) Support Below : -16.3% at 0.82 ± 0.03, type Single, strength
Long Target #1 is .99. Long Target #2 is $1.03 http://www.nasdaq.com/symbol/cpst/stock-consultant
A confirmed break above this trend line would indicate a possible major breakout, imo.
Top Bollinger is close; just above at $1.08.
Momo is setting itself up like a spring waiting for the 2Q Report, imo.
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