Cup and handle wouldn't be formed until PPS rises over 26...
If we get there, the intra-day chart will be a screaming buy and the pincher will have likely been confirmed for most traders on the daily chart. So, if we get over 26 I think it is going to go ballistic.
I sold my position on Friday, but then I bought it back at lower prices to hold over the weekend. I think the traders might have gotten too cute this time in selling out for the weekend. I doubt they'll get their shares back for 18. But I've been wrong before!
Wadi