PDLI has clearly broken out of its triangle formation, confirming the pattern. Using the measure rule we can predict a best case price target of just over four dollars. PDLI has already made half of that movement upward, so the risk-reward today is much less enticing than it was immediately after its breakout. It also broke out rather close to the apex of the...
The bull move since January is still going strong. It seems like they all put their piratepatches on both eyes and are now going with the trend.
Also take a look here at the resemblance for the start of this year and the start of 2015. HS formation formed in both cases, ended up fulfilling in the same way. After this followed the volatile way to the top.
There...