Wow, what a superb week. Up 36%, and every cent of that rise is warrented in my opinion. At 73cents, today was the highest close that CAP has ever made. Congratulations to all shareholders.
Even at these prices, a purchase could have you looking at 50% to 100% gains in the next month or so in my opinion.
Daily Chart
# definitive breakout of that channel that the stock has been trading in for the past few months
# backtested old resistance as support
# increased volume
# the two quieter days on Wed and Thurs followed by a strong day on Fri has confirmed a bullish continuation pattern
Daily Projections
# 95cents to 104cents would be a reasonable short term target if the stock keeps on moving bullishly
Weekly Projections
# targets are much the same as the daily projections
# definitive breakout into the top half of that pitchfork
# look for a backtest towards that medium line at some point