The stock broke out from a ten-week cup-with-handle pattern on above average volume.
Today, the stock broke out above the downward sloping trendline connecting the high of July and September on the daily chart.
Likewise, its RS line also had a breakout above the trendline connecting the highs of March and August.
What do you think? Please email us any questions or comments.
Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here.