Gib Cap Group Inc (GIBX)

[SPM555]

I've been saying for at least a couple of weeks that I was thinking a month or two of consolidation was in store for us, and then to look for it to breakout. So far that's what we've seen. Though my guess is still for this consolidation to finish up, I do think this chart setup has enough of a base that we could potentially see a breakout any day now.

As for longer term price projections, the upper double zeros is the ceiling on the price action from the past 2 years, and ultimately I believe this run up can hit that and break it. A break of that would be significant and would open up a whole new world of price levels for this stock to hit.