Incredible chart setup here going into next week with another pennant formation following the breakout from the cup and handle. I believe we will see teens next week folks. On Wednesday, there was a $50K ask slap at .0845 on this stock....something I don't think I have ever seen since first watching it in 2013.
RSI remains attractive in the mid 60's and all the major moving averages are perfectly aligned, thus giving full support to a monster move in the weeks ahead. The price closed on the 5MA yesterday to complete a fantastic week for this security, which maintained it in the utmost of bullish presentations. Check out the accumulation on the chart below.
I am issuing a major buy alert here for the week ahead guys! Don't miss this one please! I place my rep and full backing behind loading up at current levels.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.