CUBICFARM SYSTEMS CORP
Long
Updated

CUB bull pennant breakout

20 MA crossed over few days ago
Volume went down as the pennant formed and today we are closing with a nice breakout on high volume
The MFI indicator is above support and MACD is on the rise.

I'll open a position tomorrow morning first hour. My price target is at about 1.4
Trade active
I got in at 1.02
Trade closed manually
I'm no longer bullish about this breakout. Clearly things turned out the opposite direction.

snapshot

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