RE:Technical 5 years chart !SNgu8000 wrote: Classic " head and shoulder " bottom ? I hope I m right with volume last couple months very high ? If it break decisively to upside next few weeks to $2.40 then $2.80 then $5 . Of course depending on PoG keep going up , then the news of drilling on two front and construction on Valentine .....
Agreed, it appears the completion of the right shoulder on very strong volume is occurring. Will require a strong thrust to break the neckline and then likely a back-test but the bigger picture is this reverse H&S is over 2.5 years in the making and has a measured move target of around $3 All imo.