Chart GTG, page-112

As GTG possible may follow GENE. Here is a GENE Andrews Pitchfork chart. The circles highlight the validity of the AP. Studies have shown that price reaches the median line (red) 80% of the time (furthest right circle). Here it either carries on through or finds support. We are currently seeing support.

This support ties in the the placement price. If price carries on through the ML then it heads to the bottom parallel. We know this cannot happen here as it would mean a 50c price and that appears absurd for a company that is flush with cash and growing sales (but you never know!). So support it is at the median.

If support is found at the median (red line) then price tends to head up to the upper parallel (top of green area) and once it reaches there, it more often than not continues to the upper warning parallel (top line - blue area).

So initial targets:

Target 1: $6-$7
Target 2: $8-$9