It's called the - cup and handle pattern - which are the only setups I believe in. Though it should have a longer bottom for sure - so you can see the gradual build up and sideway move - then up trend.
They are way more consistent on solid companies over $15 but every now and then you get one on these bummers and, I think it's even better with the rumors that seem to be going around.
We will see, I'm holding either way even if it tanks.
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