Wouldn't that be something if today's gap from 4.54 to 4.58 and prolonged trading above the short term trend line which started on May 12 at 5$, hit $4.80 on June 1 and today is trying keep it's head above 4.60 is the eventual 38.2% fib retrace on a monster move from $3.03 to $7(6.97)? Wasn't IR saying somethng about 7 bucks not too long ago?
And just as the December/May flag brought a major continuation move from 3.03 to 5, the current pennant formation has a flagpole that could easily justify a move to $6.50/7.