Squeezed between the 50-day($5.53) and $5.77. $5.62 just held today as Support and it closed HOD.
Actually now that I'm looking at it, I wish I had doubled down at the Close. I think I just got caught watching the paint dry.
BREAKOUT WATCH for possible breakout above 5.85, no resistance in area just above.
Type: True breakout from triple resistance.
Target: 6.21, 8.6% Stop: 5.59, Loss: 2.3%, Profit/Loss ratio: 3.7 : 1 - Excellent
Breakouts are an exception to the normal indicators which can at the same time indicate bearishness.
Breakout stock patterns