Inverted Head and Shoulders SetupWhat I like here from a technical standpoint:
Large upwards slanting Inverted Head and Shoulders with a full price target near the gap down @ 48
Price making fresh 52-week highs and trading above all three major moving averages
Currently breaking through diagonal resistance
The Yearly R1 Pivot @ 40 would be the 1st target. From here we could see a re-test of the inverted HnS neckline.
Stops can be considered just below the Yearly Pivot @ 30