Good things should occur this week. Gapped up and formed a new base at the 200 DMA, formed a flag, shorts are a low percent of trades,and volume is drying up. In a normal market a quick run to $15 would almost be a certainty but as we all know certain elements manipulate the market in their favor.
With that all said, I still expect a nice move very soon.
flags/pennants Are my favorite patterns. I was trying to post about it the other day, tried four times, and I must've mentioned something in my post that the censors didn't approve of and wouldn't let it post. I mentioned a chart site in my post and I think that's what they wouldn't let go through But you are right, this is a classic pattern INVN is in right now. If the market holds up I see the 52 week high, or pretty close coming here before very long.