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Message: Bullish Pennant Breakout

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CGB

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Bullish Pennant Breakout

posted on Jan 04, 11 09:37AM (Log in to use the IP Check tool) ^[?]

Friday's close confirmed a breakout of a Bullish Pennant on above normal volume. Indicators are on their way up and if the last Bullish Pennant is any indication, we should be good for a target of $1.56 from the current $1.28 price. This still gives us 21.8% gains to be had, so even though a $1.20 entry would have been nice, keep an eye on it an buy any weakness.

See chart here and other picks here.

Cheers!