BULLISH BREAKOUT WITH CONTINUATION

٢٣ مايو ٢٠١٨

Evidence of a new chart formation is rounding completion, it is showing a break out with a bullish continuation. Consolidation has been happening for the past week, forming a Beautiful cup with handle and a messy but bullish short term higher highs and higher lows. This is inline with our analysis of a bullish continuation. Short term upside potential is range bound 15 - 15.5$ per share. There does not appear to be any Major resistance, but rather supports on route to a higher SP. This is in line with our analysis of new 52-week highs by July 1st to Mid-July.