Cup & Handle ready for the next breakout, since both Advent & AMCI board of directors approving the proposed transaction. Looking at the baby Cup & Handle layup into the larger Cup & Handle move up. This will be an amazing run moving into 2021.
I'll be updating my chart soon, i believe we'll experience a very minor pullback before catapulting forward to a North Upwards $20 - $30+ easy.
A North Upwards potential $30 - $33+ easy.
The last head and shoulders pattern might take a bit longer to form. Be cautious because it can become a bear trap - squeezing people with short positions pretty aggressively. I've noticed a trend in volume, short squeeze then ascending with a repeat.
Confirmation 2 close above 12.67 could see a $14-$20 +
Over 60+ Pts from previous breakout 106 Price Action is clear for more pts here 170-175 next breakout for next leg up to 200 more consolidation would be ideal in this area. Allow accumulation for the next breakout.
Absolute beautiful Cup & Handle formed after reverse head & shoulders. Also, I love using my ABC's :)
Showing how beautiful this cup & handle followed through with my predictions charting this yesterday.