Breakout is about to happen, very Bullish also on the fundamentals.
Naked Shorts are slowly covering and open gap will be filled.
Next leg is ready for a breakout above: 3,30 USD Volume-Spike will be coming soon, than it will be very quick since it is a low-float stock
PT is: 4 USD mid term and 12 USD long term
after a stoploss-fishing round , ready for a next leg up.....
After a consolidation between 2,80 and 2,20 we are ready for a next leg up, with some catalysts in the pipeline (June 8th). A good FDA-News on monday will generate a parabolic shortsqueze scenario because of currently more than 25% short interest. PT could be between 10-15 USD.
Breakout above 1,39 leads to a ShortSqueeze with testing previous hights at 2,99 !
a break inbetween the triangle, could lead to a breakout to higher levels
A break is immediate ! It would trigger a run up to 5 USD !