Nice Breakout !!!
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Nice Breakout !!!
This stock broke out in a big way today on great volume. I think we'll see some nice follow through tomorrow. This was a $50 stock less than 12 months ago.
Could it happen again ? We ll soon find out. With almost 15 of the float short, this stock is due for a big move higher.
They need to buy back stock to profit from their bets which only adds fuel to the "FIRE". The next resistance area is around the mid $40 range. Stoch & RSI have room to upside.