Evening everyone,
This is M1, B2F.SI. From the last quarter of 2012 to February of this year, M1 consolidated into an ascending triangle. Resistance was clear at the $2.80 region. The first week of March saw buyers pushing M1 through this resistance. This triggered a breakout from the ascending triangle. A simple projection based on the height of the triangle gives me a target price of $3.00.
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