CMM CHART, page-400

Amazing breakout we are having - well done to us all.
One must stay calm as these rising wedges and consecutive gap ups inevitably end as violently as they begin.
I was a bit slow to recognise an inverse head and shoulders becoming validated last week. Looks a bit like a small cup and handle also.
Last Wednesday she closed above the neckline ($5.55) and Thursday provided confirmation with trading below $5.55 but closing above at $5.58.
The pattern would suggest a max target of $1.17 + $5.55 = $6.92 or around 15% upside from here ($6.02).
Also we have hit and traded through our long term channel - quite significant indeed.
She will reach target at the current pace on Wednesday or Thursday next week.
From there she will most likely rest and retrace.
She's running hot, so enjoy the fun for now and trade carefully - anything could happen.