Click on chart for larger view.GVHR broke out of a cup and handle pattern on Friday. On a measured move basis, it could go to $34.00 in the near term which would coincide with its all time high back in April 1998. Resistance levels to be aware of are $30.70 and $33.50. The ADX momentum line is rising nicely and supports further upside movement.
N.B. - The next earnings release is scheduled for Tues. Feb, 28th before the market open.
2 comments:
Possibly need a bigger spike in volume for this to meet criteria?
Now that it will show up on the New 52 Week High Scans, it should bring in more volume.
Post a Comment