Ascending Triangle Breakout RGEN

19 thg 3, 2017

After forming a double bottom in 2016 this stock has 6-8 months in accumulation forming an ascending triangle pattern with a clear horizontal level of break out. The breakout candle is an outside engulfing day making a convincing looking breakout.
Looking to enter on a pullback into 34 using the low of the breakout day as my stop level.
Target is previous high and yearly R2 pivot @ 42