Pennant pattern: Looking for a break out

3 de fev. de 2021

Large volume on 11/20 started the pattern - it's been consolidating ever since. I think that when the stock close above ~8.40 it'll signal the breakout. Then it looks like it could be on a ride to ~18. I picked up a boatload in the 7's and I'd love to see this triple.

4 de fev. de 2021

Nota

Looks like this is going to break out today - I'm predicting that this will go to +10/share from today's close

13 de fev. de 2021

Nota

I'm going to reevaluate this, doesn't appear to be a pennant pattern as I once thought, but a rising channel. Which is fine, but what's concerning me is the drop below the 9 and 20 day MA. If this doesn't bounce up next week, OR it drops closer to the 50 DMA -
I'll evaluate closing my positions.

here's what I'm seeing...