I'm going to cop some flak for this I think, since it's a hotcopper hype train stock.
Still, if this H&S formation repeats similarly to the previous one, $20 is a possible target level. The logic being last time, it fell about 1/3 below the neckline (compared to the distance from neckline to peak). So the same 1/3 will be $2 below the neckline.
I don't have money...
I might be stretching here to see a H&S from the slightly erratic chart, but lets see how it goes. Once it closes the gap it has free license to fall, giving a great short opportunity of several dollars per share.
