RGLS Cup and Handle

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Started buying in the handle, I feel breakout will happen next week. Price target on pattern 3.61.
Overall price target is 5.00. There is bull flag forming on the handle.

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تم فتح الصفقة

Still bullish, cup and handle might still be in play for the daily just not lower time frames.
Looking at the chart from the daily you could tell a bigger dip was coming thats why I called the first buy zone a early buy zone.
The bottom key zone barley held looks to be recovering but still needs monitoring.
Volume support is in the 1.40 - 1.50 range.
Going to take a little longer for catalyst to push this stock higher.
Expecting update early Q2.

For the trade I have been cost averaging down with the dip.
This is why you scale in and out!