Pardon my slang, but this stock is looking SWEET! Besides the potentially lucrative new project, technically this stock is showing all the hallmarks of a classic text setup.
The setup depicted here is a flag pattern, with the initial run up being the flagpole followed (at least at present) by a symmetrical triangle type pattern, aka. pennant consolidation. These are the indicator signs that a big move up in potentially in store in the near future.
Watch the ease up in volume before the next push up, imo!
S
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