pck chart, page-1681

Had a look at the chart and this break out from the Flag pattern sees us testing 48c . My reasoning for this is flag patterns are consolidation points but they are also continuation patterns and effectively what we have seen is a counter trend retrace back to the long term trend line and now seeing a V shape recovery. If you measure out this flag pattern the next point is 48c. ( for eg this is a similar consolidation pattern when the sp was trading in the teens before it hit 32). Other thing to consider is the stock closed on its high and if it gaps up tomorrow this will be classified as a continuation gap which is a very bullish signal. I will leave it to the experts to post their charts