Its been one heck of a Ride, iam Out. Good Luck to all the Longs
I take a bit of a different look at the charts here.
You take a look at the last 9 years you can see a clear long term REVERSE head and shoulders with a head of $1 and a neckline around $10 to $11.
Measured move from the low of roughly $1 to $11 is a $10 move. Bring that together with the recent $10 breakout and you get a $20 to $21 area as a target. (One more reason upper teens looks like a minimum acquisition level)
If anything...this move up by KKD looks NEW. Combine that with a new P&F Target of $27.50 and the fundamentals just screaming....things look very interesting.