GPN breaks above $100

GPN has just broken through the $100 mark and the chart patterns suggest price could go higher.

However, when this stock hit $50 (in 2006) it moved into an extremely prolonged consolidation. This lasted until the end of 2013 and the range was deep (between about $30-$55).

For this reason I would recommend sitting tight until the $100 mark is comfortably cleared and reassessing the trend then.
10050smabreakouttradingBullish FlagCup And HandleDouble Bottomgapup

Disclaimer