PEP - Cup & Handle break

Last one from me before I can start enjoying this weekend!

Context: Price was hanging around low $2 before bottoming out with some volume and making a rally leg up.
Closed the gap at $2.80, expecting to feel some resistance, and did exactly that. Since then, it has been slowly grinding back down to re-test support at $2.40, which held and just bounced off last week.

Charts: Cup & Handle formation, support level held and handle just breaking out now.

Depth: Got to know this stock day by day, seems most participants place their orders after market open, and cancel them EOD, or possibly use DAY duration orders. So the depth outside market hours is fairly inaccurate and does fill in intra-day, sometimes every single tick/cent between the spread right now will be filled.

Shorts: No open short interest.



Feel free to post your thoughts.

Cheers and good luck.