Cup formed support on previous resistance, then a handle has formed from that, with a clear breakout level at 2.15. Big volume today, also call sweeps as mentioned by @stt2318 and @sandman7591 on twitter. Could get exciting tomorrow... Entry at 2.16 if it hits, with risk to $2, potential reward 2.35-45 range, with a huge gap above 2.38. I'm in early technically from 2.13 due to big volume I saw coming in and with IBB so hot. Honoring stops at $2
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Held with the market pullback then broke over 2.15 and hit 2.23. It's just getting started in my opinion. I'm still in. A break over 2.23 on big volume and we may very well hit our price target tomorrow.
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Not what I was going for when I had this idea, but now this one is around $67+, lol
